👀Bitcoin Is In a 'Bore You to Death' Phase, but Bottom Could Be Close, Analysts Say

This period could last between one to six months, and the sentiment will be the most negative right before the turnaround, one hedge fund manager said. BTC has been sliding since reaching an all-time high in March.

Friday's quick tumble showed less interest from dip buyers, suggesting that a bottom might be near, Santiment said.

The lull could continue into early summer, setting up a very bullish second half of the year, Bitfinex analysts said

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