VRB News
  • Home
  • About us
  • IT news
  • Tech
  • World
  • Contact
No Result
View All Result
  • Home
  • About us
  • IT news
  • Tech
  • World
  • Contact
No Result
View All Result
VRB News
No Result
View All Result
Home IT news

Has the Bitcoin price reached its low point? This is what Grayscale’s report says

admin by admin
July 20, 2022
in IT news
0
Has the Bitcoin price reached its low point? This is what Grayscale’s report says
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter

The digital asset manager Grayscale shows in its latest report “Bear Markets in Perspective” that the crypto market, just like the traditional financial markets, has cycles that last almost 4 years or 1,275 days. Grayscale has defined a market cycle by implying that the realized price is moving below the market price. However, the report claims that there are several methods to identify a market cycle.

The current cycle began in 2020 and has passed 1191 days. In about four months, the realized price will rise above the market price again. Accordingly, the downward or sideways movement of the price could continue for another 5-6 months.

Interestingly, the on-chain data shows an increase in outflows from the crypto exchanges. This could mean that investors take the opportunity to increase their positions. The current market cycle shows that, despite price declines, liquidations and volatility, the crypto market
continues to build and innovate.

Previous Post

Revenue forecast halved – controversy threatens growth

Next Post

Strafe will support OSVR

admin

admin

Related Posts

BitGo Sues Galaxy Digital for breach of contract for $100 million
IT news

BitGo Sues Galaxy Digital for breach of contract for $100 million

August 18, 2022
SAP silvered learning platform Litmos
IT news

SAP silvered learning platform Litmos

August 18, 2022
Digital Gold in Brazil: Tokenization of precious metals
IT news

Digital Gold in Brazil: Tokenization of precious metals

August 18, 2022
IT news

Oculus recognizes that the lenses of the DK2 are easily scratched

August 18, 2022
Fraudulent mail on behalf of the Federal Government
IT news

Fraudulent mail on behalf of the Federal Government

August 18, 2022
Next Post
Strafe will support OSVR

Strafe will support OSVR

Premium Content

The history of telecommunications as you've never seen it before

The history of telecommunications as you’ve never seen it before

March 4, 2022
How much is virtual reality?

How much is virtual reality?

March 30, 2021
Google will launch a competitor to iTunes

Google will launch a competitor to iTunes

July 2, 2020

Browse by Category

  • Games
  • IT news
  • Tech
  • World
VRB News

VRB News is ready to cooperate with webmasters and content creators. Send an email to info@virtualrealitybrisbane.com

Categories

  • Games
  • IT news
  • Tech
  • World

Recent Posts

  • BitGo Sues Galaxy Digital for breach of contract for $100 million
  • SAP silvered learning platform Litmos
  • Digital Gold in Brazil: Tokenization of precious metals

© 2021 - The project has been developed ServReality

No Result
View All Result
  • Home
  • About us
  • IT news
  • Tech
  • World
  • Contact

© 2021 - The project has been developed ServReality

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?