A recent surge in exchange shutdowns has led some to speculate that the market is nearing its bottom. However, experts caution against this notion, pointing out that exchange closures do not necessarily correlate with an impending price recovery.
Source
"Exchange Shutdowns Do Not Indicate Bitcoin's Bottom" — CryptoPotato
This article is Bitcoincryptos' summary and analysis of reporting originally published by CryptoPotato. Read the full original report at the link above.
BTC · 7D · $63,155−3.0%