Bitcoin, Altcoins and Crypto Markets Set for Major Unexpected Bounce in 2023, According to Popular Analyst
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A popular crypto analyst thinks Bitcoin (BTC) and the broader altcoin markets could start to bounce back next year. In a new analysis, pseudonymous trader TechDev says that the crypto correction actually began in the second quarter of 2021, rather than the fourth quarter of that year after Bitcoin hit its all-time high. “We start with the altcoin market cap, where I view the market divided into a cyclical set of regions, Correction > Accumulation > Markup. The below chart should indicate why I believe we’re in accumulation, and that markup is expected next. It also serves as further evidence
Bitcoin Magazine Morgan Stanley Plans To Offer Bitcoin And Crypto Trading To E-Trade Clients Bloomberg reports that the Wall Street giant is in the early stages of planning to add spot Bitcoin and crypto trading capabilities to its ETrade brokerage platform. The project aims to allow ETrade’s retail clients to…
Bitcoin Magazine Russia Is Using Bitcoin and Crypto For Its Oil Trades with China and India Amid ongoing sanctions over the war in Ukraine, Russia has turned to bitcoin and other cryptocurrencies to facilitate some of its oil trade with major buyers China and India. According to a Reuters report,…