Bitcoin ‘to keep bleeding against stock market’ as cycle wraps: Analyst - Source: CoinTelegraph

Bitcoin’s price downtrend may not be as short-lived as many holders anticipate, says crypto analyst Benjamin Cowen.

“Bitcoin’s likely going to keep bleeding against the stock market,” Cowen said in a video on Thursday, adding that strong expectations of a “massive rotation” from metals like gold and silver into crypto may be misplaced.

The prices of gold and silver have recently surged to all-time highs of $5,608.33 and $121.64, respectively, according to Trading Economics. 

Story continues: https://cointelegraph.com/news/bitcoin-rotation-gold-silver-btc-price-crypto-analyst