Bitcoin Now One Step Away from Exiting Bear Market: Bitfinex Alpha
🚀 Bitcoin has been trading between $62,000 and $65,000 for over two months, but experts believe favorable macro conditions could lead to a rally.
📉 Bitfinex reports that two of the three necessary conditions for a BTC price surge have been met, including lower expected rates and loose financial conditions.
💰 The final condition hinges on capital from equities and tech sectors entering the crypto market; without this, Bitcoin could drop to around $57,000 if negative flows continue.
🚀 Bitcoin has been trading between $62,000 and $65,000 for over two months, but experts believe favorable macro conditions could lead to a rally.
📉 Bitfinex reports that two of the three necessary conditions for a BTC price surge have been met, including lower expected rates and loose financial conditions.
💰 The final condition hinges on capital from equities and tech sectors entering the crypto market; without this, Bitcoin could drop to around $57,000 if negative flows continue.