The bitcoin expert and senior market analyst at eToro, Mati Greenspan, explained that Bitcoin’s behavior is completely normal and that after reaching historical highs of around 20k a drop like the one seen during the first quarter of 2018 was to be expected.
In an interview for The Express Mr. Greenspan mentioned that technical analysis better explains the reasons for the fall in Bitcoin prices than fundamental analysis.
“I believe that more than fear of regulation that decline from the 20,000 peak was more of just a normal retracement.”
Mr. Greenspan is …
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