If Bitcoin bulls got excited about the recent move up, Thursday’s action extinguished some of this excitement. But it doesn’t come as a surprise to our readers. This one day of strong depreciation can be seen as an indication of things to come. But are these things bearish?
Bitcoin remains on the fringe of the financial system. The Bank of International Settlements (BIS) has recently issued a warning on Bitcoin. In an article on the Forbes website, we read:
In another blow to bitcoin and crypt
