Bitcoin May See Another 5 – 6 Months of Downward or Sideways Price Movement – Grayscale Report.

In brief: The team at Grayscale has forecasted that Bitcoin could see another five to six months of downward or sideways price movement. The Grayscale team cites the traditional 4-year Bitcoin and crypto cycle as their basis for the conclusion. The team also highlighted an increase in the number of wallets holding 0.001 – 0.01 BTC, 0.01 – 0.1 BTC, and 0.1 – 1 BTC. A team of analysts from Grayscale has released a report analyzing the ongoing Bitcoin and […]