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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.

Updated May 13, 2024, 7:35 a.m. Published May 10, 2024, 8:26 p.m.
Bitcoin's price on May 10 (CoinDesk)
Bitcoin's price on May 10 (CoinDesk)