Delphi Digital: The encryption market may face another small sell-off period similar to 2019
2023/08/15 14:36
On August 15th, Delphi Digital co-founder Kevin Kelly stated that technical indicators, macroeconomic data, and other factors indicate that the cryptocurrency market is in the early stages of a new cycle. The upcoming 2024 Bitcoin halving event may indicate that Bitcoin will reach a new all-time high by the end of next year. However, Kevin Kelly warned that there is no guarantee that this cycle will play out in the same way, so the market may see more adjustments. The cryptocurrency market may experience another minor sell-off or period of price consolidation, especially after the strong rebound of the past 9 months (similar to the second half of 2019).
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