While noting bitcoin’s encouraging rebound from $18,500 earlier in the week, Joe DiPasquale, CEO of crypto asset manager BitBull Capital also said that such resurgences have not been unusual for cryptos during down markets. “While bulls will welcome this bounce, it is important to note how continued bearish price action has intermittent relief rallies, especially as short position holders take profit,” he said.
- Bitcoin
- blockchain
- blockchain compliance
- blockchain conference
- coinbase
- Coindesk
- coingenius
- Consensus
- crypto conference
- crypto mining
- cryptocurrency
- decentralized
- DeFi
- Digital Assets
- machine learning
- Markets
- non fungible token
- plato
- plato ai
- Plato Data Intelligence
- Platoblockchain
- PlatoData
- platogaming
- Polygon
- proof of stake
- W3
- zephyrnet
More from Alontrus Group & CoinDesk
First Mover Asia: Bitcoin Has Not Bottomed Out, Data Suggests; Ether and Other Altcoins Fall in Monday Trading
Source Node: 1662390
Time Stamp: Sep 12, 2022
Bitcoin Bulls Should Switch to Call Options, Crypto Services Provider Matrixport Says
Source Node: 2187697
Time Stamp: Jul 28, 2023
Bitcoin at $26.4K Set for Weekly Gain, but Rallies Might Continue to be Sold
Source Node: 2273121
Time Stamp: Sep 15, 2023
MicroStrategy, With Bitcoin's Price Depressed, Looks to Lightning to Boost Usage, Saylor Says
Source Node: 1653692
Time Stamp: Sep 4, 2022
Apple’s ‘Vision Pro’ Set to Get First Crypto-Focused Metaverse App From Victoria VR
Source Node: 2466161
Time Stamp: Feb 2, 2024
Wyoming’s New DAO Bill Gives Crypto a Boost to Sweep Out Internet Incumbents
Source Node: 2510538
Time Stamp: Mar 8, 2024
First Mover Asia: Bitcoin Snaps Its 4-Day Rally Tuesday; Troubles in Cryptoland? Not at Korea's Muted Mega-Blockchain Week
Source Node: 1615074
Time Stamp: Aug 9, 2022
Binance Among Crypto Exchanges Blocked as Uzbekistan Clamps Down
Source Node: 1618963
Time Stamp: Aug 11, 2022
Luxor Starts First-Of-Its-Kind Bitcoin Mining Rig Marketplace for Large Scale Orders
Source Node: 1932341
Time Stamp: Feb 1, 2023
Former Terraform Labs CFO Han Chang-joon Extradited to South Korea by Montenegro
Source Node: 2469522
Time Stamp: Feb 5, 2024