Anthony Scaramucci: Bitcoin Fear Remains Extreme, But It Will 'Grind Higher'
Bitcoin's recent consolidation reflects deeply pessimistic investor sentiment, not deteriorating fundamentals, the SkyBridge founder said.
Bitcoin is going through a pause where lots of people feel worried, even though the reasons it works haven't gotten worse. When people are super scared about something, it often means they might be too worried.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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