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How to Predict Major Moves in Cryprocurrency Prices
The bitcoin price, which has had all of its 2020 gains wiped out by panic sparked by the spreading coronavirus, fell to 10-month lows earlier this month only to rebound sharply— then fall again in May 2021. Bitcoin and cryptocurrency investors are keenly watching for any signs of further volatility with one analyst pointing to "large increases in exchange inflows" as heralding extreme bitcoin price moves. So how do you predict major moves in cryptocurrency prices? Read on to learn more.