In-Depth | Bullish Outlook? Multi-Angle Analysis of BTC Fundamentals
Author | Lucas Outumuro Even by cryptocurrency market standards, this year has been turbulent. As traditional markets fell in March due to fears of the novel coronavirus, Bitcoin followed suit, shaking the "Bitcoin is a safe haven asset" narrative. However, shortly after, as Bitcoin approached its third halving, the scarcity narrative took hold, and Bitcoin prices rebounded. For over a month since then, Bitcoin and most cryptocurrencies have been oscillating within this range.