Celsius token price growth related to market dynamics, not fundamentals;  BTC is pulling back again

Celsius token price growth related to market dynamics, not fundamentals; BTC is pulling back again

“In the last 24 hours, we’ve had a bit of a pullback,” Joe Orsini, director of research at Eaglebrook Advisors, told CoinDesk TV’s “First Mover” program. “When you consider the move that was made with bitcoin about 30% from the June 18 lows, ether is up about 115%, profit taking without FOMO, and some traders are kind of taking something off the table It makes sense. It doesn’t change the long-term story [of] $25,000; a return to that level should provide some psychological positivity in the market.”



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