Despite an already six month cool-off period, for 2018 we see more sideways and downside potential in the Bitcoin price due to sluggish retail demand, hesitation from institutions, and a current market cap that seems too high relative to on-chain activity.
- Original article: https://medium.com/@tuurdemeester/bitcoin-we-dont-expect-new-highs-in-2018-97e6a7a385f7
- Title: Bitcoin: we don’t expect new highs in 2018
- Published by: Tuur Demeester
- Published date: August 2nd 2018
- Author Medium: TuurDemeester
- Author Twitter: TuurDemeester