Policy
Bitcoin Price Prediction as Bloomberg Analyst Likens BTC ETF Slump to Gold’s Decade-Long Winter
CoinGape·November 12, 2026·1 min read
Bitcoin price fell 8.66% in the seven days to November 12 amid heightened ETF outflows. Bloomberg analyst Eric Balchunas compared the current BTC ETF slump to gold's decade-long winter, suggesting a prolonged period of weak performance. Institutional demand for the king coin has fizzled, pressuring prices.
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