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Cryptomonaie: The bitcoin market remains hesitant

07/07/2021
Categories: Economy/Forex

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Experts disagree on whether bitcoin's price will rise or fall after Grayscale reportedly unblocked more than $500 million worth of shares in GBTC, its bitcoin investment fund.

The price of bitcoin will rise or fall, that is the question of the moment. If the price of bitcoin drops on July 18, the day these lockdowns expire, people will say that caused the market to crash. If the price of bitcoin increases, people will argue that there is nothing to worry about or that it is positive for the market. But every day, the price of bitcoin can rise or fall significantly, whether or not there is an event. The whole dynamic is far beyond anyone's ability to predict and can only be analyzed in hindsight. Since the launch of Bitcoin in 2008, Crypto has presented an endless amount of white space with imaginable and unimaginable market opportunities, often with mobile at the center of Art in Gaming.

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