Is It Time to Buy Bitcoin? Broke Over DownTrendLine




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Summary: <a href="https://cointelegraph.com/news/crypto-hedge-fund-pantera-capital-btc-will-highly-likely-break-20000-this-year">The Cointelegraph</a> as well as <a href="https://www.bloomberg.com/news/articles/2018-04-12/crypto-hedge-fund-pantera-capital-says-bitcoin-has-bottomed-out">Bloomberg Pantera Capital</a> articles mention the top hedge fund calling a bit bottom in the price of bitcoin.<br> “For those who are new to Pantera who might think a fund manager like Pantera would always be saying ‘Today’s a great day to get long,”’ wrote Pantera’s Dan Morehead and Joey Krug. “I rarely have such strong conviction on timing. A wall of institutional money will drive the markets much higher.”<br> Prices of all cryptocurrencies have crashed quite a significant amount – most well over 50 % and some over 80% (Cardano / ADA) – is now the time to buy?<br> Here’s my take:<br> <br><br> <br><br> <br>  <br>