Bitcoin (CRYPTO: BTC) has logged its steepest two-week drawdown since June 2022, but Bitwise Chief Investment Officer Matt Hougan says “much of the bad news is already priced in”. The 6 Crash Factors Hogan identified six factors driving the crash: Front-running the four-year cycle: long-term crypto investors sold to avoid the historical pattern of three up years followed by a down year (2014, 2018, 2022, 2026).
Bitcoin Drops From $90,000 To $70,000 In 2 Weeks, But 'Much Of The Bad News Already Priced In'
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Bitcoin falls from $90,000 to $70,000 over two weeks, a $20,000 decline; Bitwise Chief Investment Officer Matt Hougan says "much of the bad news is already priced in" and identified six crash factors, including front-running the four-year cycle where long-term investors sold to avoid the historical pattern of three up years followed by a down year (2014, 2018, 2022, 2026).
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