Bitcoin course in descent: UBS analysts see crypto winter – and these are the reasons

Many Bitcoin fans are still waiting for the predicted $100,000 mark to be reached. But disillusionment is spreading. Is the crypto winter already imminent? UBS analysts think so, and they have reasons.

Since the all-time high in November, Bitcoin has lost around 40 percent in value. The price of the largest cryptocurrency is currently only 41,500 dollars. On November 10, 2021, $68,800 remained. While some crypto bulls are still convinced that Bitcoin price will rally again and reach the $100,000 mark before the market corrects again,…

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