Bitcoin Price Analysis: Bitcoin Mania Like an ‘Infectious Disease’
Barclay’s analysts have developed a cryptocurrency pricing model based on epidemiology – the study of the spread of disease by populations that divides the group of potential investors into three groups, “susceptible”, “Infected” and “immune”.
Bitcoin has been heavily weighed, by increased regulation and bans on cryptocurrency ads last month, but it has been increased by a large hedge funds investing in the industry. The price has struggled as a rebound while traders rushed to liquidate positions as the tax deadline approaches this month.
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