Bankless co-founder: Bitcoin may have entered a consolidation phase, and the bottom has likely already formed
ChainCatcher news, Bankless co-founder David Hoffman stated that Bitcoin currently faces two possible paths: sideways consolidation at the bottom, or a final round of panic selling.
He believes that Bitcoin is more likely to enter a sideways consolidation phase and that the bottom has basically formed.
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.
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Variational open interest has exceeded $2 billions.
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