On the longer outlook, though, the past three halvings were followed by an exponential move higher for bitcoin’s price about 50-100 days after the event, crypto hedge fund QCP Capital pointed out in a Monday market update. “If this pattern is repeated this time, BTC bulls still have a few weeks to build a larger long position,” the report said.
Polkadot and Cosmos Gain in a Rocky Week for Crypto: CoinDesk Indices Market Update
CoinDesk 20 tracks top digital assets and is investible on multiple platforms. The broader CMI comprises approximately 180 tokens and...