/Bitcoin's Retreat Is a Sign that Speculative Money Has Left the Market

Bitcoin's Retreat Is a Sign that Speculative Money Has Left the Market



Bitcoin’s dramatic price reversal since the start of the year tells an important story: it means speculative money is flowing out of the asset class for the first time since the bull market re-emerged in early 2017. Even when regulatory risks are factored, bitcoin’s fundamentals haven’t changed very much sinceĀ …

Source: Bitcoin’s Retreat Is a Sign that Speculative Money Has Left the Market