Bitcoin (BTC) and Ethereum (ETH) recovered 21% and 18%, respectively, from their bottoms registered after the Aug. 4 crash. However, Aurelie Barthere, Principal Research Analyst at Nansen, told CryptoSlate that the worst may not be over yet. She explained: “BTC (and ETH) have hit local bottoms, but the daily trend still looks negative: the 50-day […]
The post Analysts believe Bitcoin, Ethereum may face further downside in the short term appeared first on CryptoSlate.
Originally appeared here:
Analysts believe Bitcoin, Ethereum may face further downside in the short term