Cryptocurrency Prices today, Charts And Market Capitalizations |Ty gia Coin logo Cryptocurrency Prices today, Charts And Market Capitalizations |Ty gia Coin logo
Seeking Alpha 2021-12-15 14:37:59

Is The Bitcoin Bull Market Over?

A near all-time high hash rate, 41-month low in exchange balances, and a bottoming fear and greed index point to a price reversal from the recent correction.Stagnant real disposable personal income due to higher inflation could explain the lack of retail participation thus far in the cycle.Year-end planning of large financial institutions can also explain the choppy December price action; however, it could also spell higher prices early next year as they re-enter.

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