Analyst: Bitcoin Could See a Big Catch-Up Rally Once Geopolitical Tensions Ease

Dark Mode Toggle Ball Crypto News Today Market Updates Margin Trading Guides Videos Price Analysis BTC Analysis ETH Analysis XRP Analysis Bitcoin For Beginners Interviews Editorials DeFi & NFT Buy Crypto Language Bulgarian Turkish Spanish © Copyright CryptoPotato Home » Crypto News Bitcoin climbed back above $72,000 on Friday as a two-week U.S.-Iran ceasefire lifted crypto markets, even though the truce remains contested. However, on-chain data firm Santiment says the bounce is “a small drop in the bucket” but argues that the asset has clear upside once the geopolitical picture resolves. According to Santiment, BTC is down roughly 20% year-to-date, compared to a 2% loss for the S&P 500 and a 9% gain for gold in the same period, leaving the cryptocurrency as the clear laggard. However, analyst Brian Quinlivan sees that performance gap as a reason for patience rather than despair. “Regress

Source: https://cryptopotato.com/analyst-bitcoin-could-see-a-big-catch-up-rally-once-geopolitical-tensions-ease/