Bitcoin, Ethereum, XRP, Dogecoin Fall as US Strikes on Iran Enter 13th Day: Analyst Says Correction Isn't 'Great' for the Market
Bitcoin, Ethereum, XRP, Dogecoin Fall as US Strikes on Iran Enter 13th Day: Analyst Says Correction Isn't 'Great' for the Market
"Past instances where the ratio compressed to these levels, such as during the 2015, 2019, and 2022 bear market bottoms, marked final capitulation phases," the analyst added.
Michaël van de Poppe, another prominent cryptocurrency influencer, said that Ethereum's $2,500 target remains intact, while admitting that the latest correction "isn't great for the markets."
This article has been published in benzinga.com via Yahoo News...