The Right Place to Buy, Earn, Exchange and Borrow against Your Crypto.

Get Started
Fund manager: Bitcoin price is poised to “pop” due to this reason Fund manager: Bitcoin price is poised to “pop” due to this reason
This article is more than 2 years old...

Fund manager: Bitcoin price is poised to “pop” due to this reason

Over the past few days, the price of Bitcoin has slid lower after a strong multi-week rally to $7,470, marking a 100 percent increase from the “Black Thursday” bottom of $3,700.

Fund manager: Bitcoin price is poised to “pop” due to this reason

Cover art/illustration via CryptoSlate

Over the past few days, the price of Bitcoin has slid lower after a strong multi-week rally to $7,470, marking a 100 percent increase from the “Black Thursday” bottom of $3,700.

As of the time of writing this, BTC trades at $6,800, some nine percent lower than the aforementioned high.

To read the rest of this article, sign in or join CryptoSlate Edge.

Get an Edge on the Crypto Asset Market

As the crypto market is constantly changing, CryptoSlate Edge is a yearly membership oriented to helping you become a more knowledgeable investor and better decision-maker.

Here's what's included in your membership:
Exclusive Articles

Be the first to read the most compelling stories high-level insights.

Private Discord Community

Communicate directly with our journalists in our private Discord.

Ad-Free Experience

We hide all advertisements for a clean and fast user experience.

Pay with Crypto ($228)
BTC · ETH · USDC · DOGE · LTC · DAI · BCH