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Bitcoin’s [BTC] short-term recovery chances looks bleak thanks to…

Market, Looks, Chances, Value, Recent, Terra, Recovery, Btc, Factor, Crypto, Bitcoins, Volatility, Bleak, Supply, Thanks, Price, Shortterm, Bitcoin1 min read

Bitcoin has ended the past EIGHT weeks in losses and looks set to continue the rut. The largest cryptocurrency has gone through extreme volatility this month with the Terra de-pegging denting hopes of any recovery. Bitcoin is less than half its all-time high value of around $68k. Analyst: 'Bitcoin value will continue to rise based on what people believe it’s worth’ Bitcoin is on a red chart far more often these days as it is looking to end a ninth successive in losses. But analyst Marion Laboure gives out four factors that can lead to a price surge for Bitcoin. Source

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