The Bitcoin bear is dead, but Tether drama could spell bad news for traders

2019-5-2 16:04

The price of Bitcoin has “bottomed” – or so say the cryptocurrency analysts who predicted the end of the bear market. But, they’re also warning the recent Tether drama could turn Bitcoin bearish again over the short term.

If that’s true, Bitcoin would mirror 2015 market cycles that led to a bull market lasting two years, independent research firm Delphi Digital reports. “In our […] report that we released in early December, we made a call that Bitcoin will bottom by the end of Q1 2019,” said Delphi Digital. “We continue to stand by that call, we believe Bitcoin has bottomed. ”…

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