Bullet points of Buying this Bitcoin dip is a ‘no-brainer’ — Hedge fund manager
Bullet points of Buying this Bitcoin dip is a ‘no-brainer’ — Hedge fund manager
- Bitcoin's 6% drop since Sept. 30 is seen as an opportunity to buy
- Quinn Thompson, chief investment officer at Lekker Capital, believes that the 'macro backdrop' of price action has changed significantly compared to past price drops
- Buying Bitcoin in its current price range of $61,000 is a 'no-brainer'
- Escalating geopolitical tensions in the Middle East and growing concerns over the strength of the US economy have weighed on risk assets
- October has historically been a strong month for Bitcoin price performance
- Bitcoin's 6% drop since Sept. 30 is seen as an opportunity to buy
- Quinn Thompson, chief investment officer at Lekker Capital, believes that the 'macro backdrop' of price action has changed significantly compared to past price drops
- Buying Bitcoin in its current price range of $61,000 is a 'no-brainer'
- Escalating geopolitical tensions in the Middle East and growing concerns over the strength of the US economy have weighed on risk assets
- October has historically been a strong month for Bitcoin price performance