OPINION: Market Makers and Investors Optimistic About BTC's Medium-Term Outlook
Despite a broad sell-off in the crypto market following Mt. Gox's move to repay its creditors, which led to daily liquidations of more than $665 million, some market makers and investors remain optimistic about bitcoin's medium-term outlook, with GSR co-CEO and co-founder Rich Rosenblum stating there is still plenty of time for another all-time high before the end of the year.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The EU plans to promote unified regulation of all crypto businesses in the region by ESMA
Bitunix Analyst: Bitcoin Plummets to 96,000 as Market Enters New Bear Phase, Key Support Tested at 93,000
Yilihua: I firmly believe that now is the best time to buy the dip in spot markets.
Trending news
MoreCrypto prices
More
