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Cryptocurrencies Still Not Worth the Effort to Understand Their Prices

An illustration depicting an upward trend line with a few cryptocurrencies' logos (Bitcoin, Ether, BNB) attached at different points along its path; each logo is slightly offset from the others and appears smaller as it moves up the line, indicating growth or increase in value over time. The background of the image features subtle waves that evoke a sense of market fluctuations but remain calm overall, suggesting stability amidst potential volatility.

Cryptocurrency is still trying to get its act together after a series of failed attempts at legitimacy. It’s like watching a group of monkeys try to fly – entertaining but ultimately pointless

Source: cointelegraph

Bitcoin (BTC) is struggling to maintain above the psychological level of $60,000, indicating that the bears are active at higher levels. However, analysts do not seem to be worried. Capriole Investments founder Charles Edwards said in a post on X that Bitcoin looks “promising,” but its trend lags behind gold by three months; hence, it needs some time before resuming its up move. Bitcoin is only in the second phase […]

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