Bitcoin Hangover: The Perfect Time for Investors to Dive In
BlackRock(BLK) InvestorPlace·2024-02-07 16:26
Pardon the pun, but I’m going to “coin” a Bitcoin (BTC-USD) phrase right now. Since the “buy the rumor” and “sell the news” phases have already passed, it’s time for what I would call “buy the hangover.” In other words, my BTC-USD stock forecast calls for significantly higher prices now that the market is fearful about Bitcoin again.Of course, the “buy the rumor” phase occurred when traders started hinting that the Securities and Exchange Commission (SEC) was getting ready to approve one or more spot Bitcoi ...