Crypto Expert Warns Not to Trust the Bitcoin Rally

The bitcoin price has not bottomed yet, but it’s close — and the sooner it tanks, the better. That’s the assertion of Alex Sunnarborg, a founding partner of New York crypto hedge fund Tetras Capital.

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Bitcoin Is Yet To Bottom Out, And Avoid Buying Ethereum: Hedge Fund Manager

The market has been on an uptrend in the past two days, gaining $14 billion. Bitcoin is on the cusp of hitting the $4,000 level for the first time in five weeks. Ethereum is trading just a dollar shy of $150, with EOS gaining 30 percent in the past two days. It finally looks like the market can make a rally, at least in the short term.

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Chrissi Nefeli

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