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Bitcoin ‘overconfidence reigns’ but bulls must reclaim $27.8K — Trader

Bitcoin (BTC) needs to reclaim one key moving average to “regain its bullish status,” one popular analyst argues.In analysis issued to subscribers on Aug. 22, CryptoCon warned that bulls remained too optimistic over $26,000 BTC price support holding.20-week EMA as BTC price line in the sandBitcoin staged a modest recovery

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3AC founders reveal ties to Terra founder, blame overconfidence for collapse

The founders of tainted crypto hedge fund Three Arrow Capital (3AC), which filed for bankruptcy in the first week of July, have finally resurfaced after five weeks of no known whereabouts.In an interview with Bloomberg, the crypto hedge fund’s two founders Su Zhu and Kyle Davies admitted that the overconfidence

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