Bitcoin’s Era Of God Candles Is Over, Bloomberg Analyst Warns

cryptonews.net 27/07/2025 - 03:01 AM

Bitcoin Rally Predictions

As investors seek signs of a Bitcoin rally towards $1 million, Bloomberg analyst Eric Balchunas predicts that ‘God candles’ will become rare. He notes that while price spikes will be infrequent, the adoption of ETFs and corporate involvement will reduce significant drawdowns for Bitcoin, the largest cryptocurrency.




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    Greed and Fear Index

    Note: The data is for reference only.

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    Greed

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