Reported about 1 month ago
Recent trends in the Bitcoin market indicate a consolidation phase, despite price retracements and altcoin declines. Analysts suggest that increases in global liquidity often correlate with Bitcoin’s price surges, and with institutional interest rising significantly, the long-term outlook appears positive. While short-term volatility may occur, investors are advised to keep a long-term perspective as Bitcoin is poised for a potential breakout amid growing adoption and favorable economic conditions.
Source: YAHOO