21Shares Co-founder Ophelia Snyder on the market dynamics behind Bitcoin’s resilience
Ophelia reads the current price action as a sign that Bitcoin is somewhat oversold, the people who wanted out have largely gotten out at these levels. That’s left a fairly even balance between buyers and sellers, a decent equilibrium between those who want in and those who want out. She also thinks the market, and crypto especially, has built up real tolerance for macro chaos. In her view, crypto gets it, and is maybe more used to that kind of turbulence than other parts of the market.
#Bitcoin #Crypto #Markets #Macro #Investing
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