TECH - Crypto Market Bull Run to Lose Momentum Predicts Ex-Ark Invest Analyst Chris Burniske: 'It Doesn't Stay White Hot Like This For More Than...' | Benzinga
Chris Burniske, ex-analyst at Ark Invest, believes the present surge in the crypto market might lose steam soon.
According to a U.Today report, Burniske took to X, formerly Twitter, and stated, “The very beginning — but there will be periods of cool ahead, it doesn’t stay white hot like this for more than a few months max — skip on.”
Burniske’s post implies that despite the market’s robust phase, it is impractical to anticipate the momentum to stay at its peak. History indicates that markets, whether crypto or traditional, go through highs and lows, with rapid growth phases often followed by cooldown periods.
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The very beginning – but there will be periods of cool ahead, it doesn't stay white hot like this for more than a few months max – skip on🫡 — Chris Burniske (@cburniske) October 31, 2023
Delving ...