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Bitcoin Price Slides as Coinbase Boss Calls the Cycle Bottom

Published Source: Bitcoin.com NewsRead original

Crypto Insight Summary: On Thursday, Coinbase CEO and founder Brian Armstrong appeared on a Bloomberg Insight video with Haslinda Amin, and he seemed pretty convinced that the worst of bitcoin’s current cycle is behind it. Bitcoin’s price has trended below the $77,000 range on Thursday, and it has lost 3.3% over the last day. The downtrend picked up […] Crypto Insight Analysis: Direction: Bearish BTC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: CEO comments failed to boost sentiment as price continues to decline.

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