Bitcoin Dumps - Is the Bull Market Over?
On Friday Bitcoin dropped 25% in one day, one of the steepest drops since March 2020. With the market sentiment now in extreme fear, is the bull market over? Why you should listen: The Bitcoin stock to flow model is in danger of being invalidated, $100K targets for December are off the table. There seems to be an increasing acceptance that clear bear and bull market cycles may be a thing of the past. As bitcoin matures into a mature, liquid asset, we may see diminishing returns eth faster bull and bear peaks and troughs. Supporting links: Prime XBT Andy on Twitter Brave New Coin on Twitter Brave New Coin If you enjoyed the show please subscribe to the Crypto Conversation and give us a 5-star rating and a positive review in whatever podcast app you are using.