18 Jun Data shows Bitcoin is relatively ‘cheap’ at these prices, “best to buy” time for new investors |
Bitcoin has continued its torrid run over the last few months, surging almost 8% in the last month alone. That makes the Bitcoin price incredibly attractive for investors, but what about for Bitcoin traders? Bitcoin’s pricing is always a matter of debate as its volatility means it never stays as low as its historical average, but it seems like prices are particularly cheap at the moment.
As many of you know, Bitcoin has been in the news a lot lately. Many people are buying and selling Bitcoin on exchanges. This is great news for the Bitcoin community, as it signals confidence in the market. We’ve also been seeing some very large price swings over the last week, which we are seeing more often than not these days.The data shows that bitcoin is relatively cheap at these prices, all the better to buy time for new investors. Earn up to 12% annual returns on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins, etc. Beginning of importance Edge ‘ Bitcoin ‘ Investments Dan Morehead, CEO of Pantera, believes bitcoin is cheap compared to the price movement of the past 11 years, according to their June report to investors. Atul Ajoy – 18. 20 June 2021 at 6:00 UTC – 2 minutes reading Dan Morehead, CEO of Pantera, believes bitcoin is cheap compared to the price movement of the past 11 years, according to their June report to investors. Bitcoin is below an 11-year trend The price of bitcoin has seen several deviations from the exponential 11-year trend in recent years. To read the rest of the article, log in or go to Edge.
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