“We’re still in a downtrend market. Bear market rallies tend to be extreme. Until we break out of the down trendline, it’s hard to say the bull market is around the corner,” Kevin Kang, founding principal of BKCoin Capital LP, told CoinDesk in an email, citing potential yield curve inversion, geopolitical tensions as key near-term risks to risk assets, including bitcoin.
Bitcoin Downtrend Intact, Recession Fears May Weigh
