Bitcoin is down more than $10,000 from the the record high it reached earlier this month, and continues to slide steadily in price from its peak above $68,000 There does not appear to be any single cause for the price drop, with analysts citing several reasons for the slump. One of the simplest explanations is that long-term investors are taking profits from their holdings, which typically happens after bitcoin hits an all-time high. There is also investor uncertainty surroun

This market forecast is for our Actively Managed Certificate: CRIptonite Next Gems. This product‘s investment universe includes the largest 15 crypto tokens. It’s a swing trade strategy based on Elliot waves principle. Asset allocation can move into cash when downside risk prevails; only few cryptos are selected depending on their momentum, this is not a fixed set basket nor a tracker. " June saw a marginal new low in bitcoin for a consecutive 3 months red candle to new lows