Opinion: Market makers and investors are optimistic about BTC's medium-term prospects
Despite a broad sell-off in the crypto market following Mt. Gox's move to repay creditors, leading to daily liquidations exceeding $665 million, some market makers and investors remain optimistic about Bitcoin's medium-term prospects. Rich Rosenblum, co-CEO and co-founder of GSR, said there is still enough time to hit another all-time high before the end of the year.