Bitfinex Analysts Evaluate Latest Developments in Bitcoin (BTC) and Ethereum (ETH): Unveil Future Expectations

Bitfinex Analysts Evaluate Latest Developments in Bitcoin (BTC) and Ethereum (ETH): Unveil Future Expectations

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  • Bitfinex analysts have evaluated the current situation in Bitcoin and Ethereum.
  • Investors are hopeful for a continued rise in Bitcoin and altcoins following the surge and ATH in March.
  • Analysts suggest a quicker recovery than expected in BTC, with short-term selling pressure in the market slowing down.

Bitfinex analysts predict a quicker recovery for Bitcoin and Ethereum, as short-term selling pressure in the market slows down, providing a positive outlook for investors.

Bitfinex Alpha Report: A Positive Outlook for Bitcoin

In the weekly Bitfinex Alpha report, analysts noted that short-term selling pressure in Bitcoin and the market has slowed down, implying that a recovery might come sooner than expected. They highlighted a recent sudden increase in the Exchange Whale Ratio, which indicates short-term investors selling and making a... Read the full article for FREE at COINOTAG!

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