8 Reasons Why The Bitcoin Bear Phase Is Just A ‘Boogeyman’: Fund Manager

8 Reasons Why The Bitcoin Bear Phase Is Just A ‘Boogeyman’: Fund Manager


While the Bitcoin price hasn’t reclaimed the crucial $60,000 level to reenter the previous 4-month trading range, Ikigai Asset Management Chief Investment Officer (CIO) Travis Kling thinks that the current bearish phase is not more than a “boogeyman.” Via X, Kling listed eight reasons to be bullish on Bitcoin. He stated: “NFA. I’m wrong often. The current “bearish” backdrop seems easier to look through and buy than most of the boogeymen we’ve had in these markets over the last 6 years.”

#1 Rapid Bitcoin Liquidations By Germany

Travis Kling observes that Germany has significantly decreased its Bitcoin holdings, from 50,000 BTC to 22,000 BTC in recent weeks. According to him, “Germany is speedrunning their #Bitcoin dump.” He predicts the selling will soon cease, suggesting, “By

Trending: JD Vance is an atrocious choice as Trump running mate

Continue reading


 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!