Bitcoin (BTC) is flashing multiple bottom symbols, according to Yassine Elmandjra, an analyst at ARK Investment Management. Elmandjra notes BTC is trading below its 200-week moving average (MA) short and long-term cost bases. It’s only the fourth time that’s happened in Bitcoin’s price history, according to the analyst. Elmandjra also says BTC miners are dealing […]The post Bitcoin Flashing Multiple Bottom Signals After Massive Systemic Shock, According to ARK Invest Analyst appeared first on The Daily Hodl.
