Bitcoin has shot up 50% since the new year, but here's why new lows are probably still ahead
(Version anglaise seulement)
par James Kinsella, PhD Researcher in Finance, University of Bath
Richard Fairchild, Senior Lecturer in Corporate Finance, University of Bath
To the delight of investors across the cryptosphere, the price of bitcoin (BTC) has rallied over 53% since its low of US$15,476 (£12,519) in November. Now trading around US$23,000, there’s much talk that the bottom has finally been reached for the leading cryptocurrency after a year of painful decline – in November 2021, the price peaked at almost US$70,000.
If so, it’s not only good news for bitcoin but the whole market in cryptocurrencies, since the others broadly move in line with the leader. So is crypto back in business?
Dotcom lessons
The past is littered…
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vendredi 27 janvier 2023
