Price analysis 5/12: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC By Cointelegraph
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extended its decline on May 12, but analyst Philip Swift, co-founder of trading suite Decentrader and creator of data resource LookIntoBitcoin, does not expect a deep correction. He said it was “interesting to note that the long/short ratio has been climbing as price has trended down.”
One of the reasons that is keeping analysts bullish is Bitcoin’s (BTC) halving, which has followed a set cycle until now, and analysts expect it to continue. Citing previous cycles, investor and entrepreneur Alistair Milne, said that the time to buy is now.
Continue Reading on Coin Telegraph
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© Reuters.
extended its decline on May 12, but analyst Philip Swift, co-founder of trading suite Decentrader and creator of data resource LookIntoBitcoin, does not expect a deep correction. He said it was “interesting to note that the long/short ratio has been climbing as price has trended down.”
One of the reasons that is keeping analysts bullish is Bitcoin’s (BTC) halving, which has followed a set cycle until now, and analysts expect it to continue. Citing previous cycles, investor and entrepreneur Alistair Milne, said that the time to buy is now.
Continue Reading on Coin Telegraph