When to buy and sell bitcoin? It’s ‘exactly the opposite’ of stocks: DataTrek

Bitcoin was trading for well over $60,000 in April, after making an astounding run from $11,000 in October. But after a tough first half of May, it’s been at about $33,000 as the crypto buzz died down.

The cycles of bitcoin’s (BTC) popularity are a hallmark of the digital asset, so far at least, and despite its novelty, it’s old enough (12 years) for some patterns to have emerged.

Though there’s no guarantee that what comes next won’t be different, hedge fund veteran and co-founder of…


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