Despite the recent price crash, prominent Bitcoin personality Samson Mow thinks the main Bitcoin bull run is around the corner. In a recent post on X, the JAN3com CEO noted that the recent BTC pullback is a temporary event caused by TradFi markets and amplified by increased surface area because of ETFs.
Meanwhile, Mow predicted the return of bullish Bitcoin momentum, spotting a surge in M2, which is the money supply that includes cash and checking deposits and easily convertible near money.
Bitcoin crashed by 14.5% in the past week after a bullish run that led many crypto users to assume the bull market had resumed. BTC reversed sharply after rallying above $70,000 for the first time in six weeks.…
The post Why is BTC Crashing? Analyst Blames TradFi Markets, Predicts Imminent Rebound Soon appeared first on Coin Edition.
Despite the recent price crash, prominent Bitcoin personality Samson Mow thinks the main Bitcoin bull run is around the corner. In a recent post on X, the JAN3com CEO noted that the recent BTC pullback is a temporary event caused by TradFi markets and amplified by increased surface area because of ETFs.
Meanwhile, Mow predicted the return of bullish Bitcoin momentum, spotting a surge in M2, which is the money supply that includes cash and checking deposits and easily convertible near money.
Bitcoin crashed by 14.5% in the past week after a bullish run that led many crypto users to assume the bull market had resumed. BTC reversed sharply after rallying above $70,000 for the first time in six weeks.…
The post Why is BTC Crashing? Analyst Blames TradFi Markets, Predicts Imminent Rebound Soon appeared first on Coin Edition.