Japanese analyst: Compared with the trend of gold price, Bitcoin’s recent round of decline is too large, and the possibility of recovery is very high.

According to Monex news, on July 17, Monex Securities chief analyst Dai Naina said that the possibility of bitcoin price recovery is very high. One reason is that the trend of bitcoin and gold prices has been highly correlated in the past few months. From this trend, Bitcoin has fallen too far in the last time.