One of the biggest China-based Bitcoin miners says the Bitcoin market would move ahead with full steam and see a slowdown only in June 2022, as per local sources.
Miner caution Wu Colin, a journalist focused exclusively on China who goes by Wu Blockchain, said in a tweet yesterday that Jiang Zhuoer, the CEO of Bitcoin mining firm BTC.TOP, cited data models to predict that June 2022 will turn “from a bull to a bear market.” Jiang Zhuoer, one of China's big miners, told WuBlockchain that according to the latest multiple model studies, the fastest will be September 2021 and the slowest June 2022 will turn from a bull to a bear market.
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.