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Bitcoin is Cheap Until April, We’ll Never See Price at $3,000 Again: Trader

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Despite being down 80 percent from its all-time high, a fairly large number of investors are still cautious and shorting bitcoin in a low price range. Bitcoin shorts achieved a 3-week high earlier this week, demonstrating a lack of confidence of investors in the cryptocurrency market in the near-term performance of bitcoin. But, according to a trader known to the cryptocurrency industry as “Galaxy,” bitcoin at $3,000 may be a rare opportunity that does not come again in the future. Why $3,000 For Bitcoin is Rare According to Galaxy, since its inception, bitcoin has established a trend of reaching a

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