Bitfinex analyst: Bitcoin's weekend rally doesn't mean its correction is over
2024-07-16 06:18:36
Bitfinex analyst warning crypto investors bitcoin weekend rebounddesk3cryptocurrencydesktopCrypto News
Bitfinex analysts have warned crypto investors that Bitcoin's rally over the weekend does not mean its correction is over and the asset could fall further in the near term. The market is currently in a news-driven environment, where the price of cryptocurrencies is determined more by news agendas than fundamentals. In the latest Bitfinex Alpha report, experts believe that the market reaction this week is crucial, especially when traditional markets open, and the supply that eased over the weekend may return.
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