Analysts Dey Highlight High Market Risk Even Though Bitcoin No Realize Loss Ratio Dey Low
On April 15th, inside eye from CryptoQuant analyst @Crazzyblockk show say Bitcoin market dey risky even though price dey drop. Only 24% of Bitcoin wey dey circulate show say dem dey loss money wey dem never cash out, number wey history show say market fit dey correct itself small small. Dis one dey imply say big big sell-off no go happen quick quick, even though market dey shaky and risky. People wey hold Bitcoin for long time dey help absorb di pressure wey dey push price down, wey dey make market strong. Dem dey urge investors to dey sharp eye and focus on economic things wey dey affect cryptocurrency, make dem dey manage dem portfolio well well as things no clear.
Neutral
Bitcoin market wey dey now show high risk and volatility, mainly because say small amount of loss wey dem never realize dey, e dey show say e dey for early stage of correction instead of say e dey near big fall. Long-term holders dem fit handle downward pressure dey show say e fit strong well, but make una dey careful as market response to economic indicators fit change things fast. The situation need make we dey neutral as e no dey show say bearish fall go happen sharp sharp or say bullish recovery dey come.