global 714 crypto neutral
Chris Burniske, a crypto investor and former head of crypto at ARK Invest, recently shared his thoughts on the digital asset markets. He believes that sentiment is signaling that the markets are gearing up for a reversal to the upside, despite the possibility of a credit-induced correction. Burniske believes that any correction will be minor in the grand scheme of things and that the long-term uptrend will continue into 2024 and 2025. He also warned of “bottom vultures” who are calling for lower prices but with no intention of going long anyway. Burniske encourages his 262,000 followers on the social media platform X to be wary of these bottom vultures and to be comfortable, long, and accumulating. He believes that Bitcoin, Ethereum, and Solana will not make new lows in 2023 and that any punch taken will be minor. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency, or digital assets.

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Information Details
Geography Global
Countries
Sentiment neutral
Relevance Score 8
People Placeholder, Chris Burniske, DALLE-2, ARK Invest
Companies Twitter, Facebook, Placeholder, ARK Invest, Telegram
Currencies ethereum, bitcoin, sol
Securities

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