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Author Topic: Top 5 Signs Bitcoin Is Quietly Entering a New Bull Market Phase  (Read 1619 times)

Offline Tnoy30

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Five signs are pointing to Bitcoin being in a bull market despite its inability to break through the multi-year resistance at $10,500.
Bitcoin (BTC) price has been sideways for several weeks with now over a month since the halving. This is very much reminiscent of early 2017 when Bitcoin hit $1,180 for the second time, triggering a catastrophic sell-off causing the top-ranked cryptocurrency to fall by nearly 40% in a single day. 

It was over, Bitcoin was declared dead, and what happened after is the first sign that we were in for a bull market.
Read on: https://cointelegraph.com/news/top-5-signs-bitcoin-is-quietly-entering-a-new-bull-market-phase

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Offline TomPluz

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Re: Top 5 Signs Bitcoin Is Quietly Entering a New Bull Market Phase
« Reply #1 on: June 22, 2020, 04:32:23 AM »
We are always inclined to look in the past to see how Bitcoin can be behaving in the future. Though, of course, we understand that BTC has this habit of breaking its own traditions and historical tendencies. Personally, I am looking forward to its biggest bull run ever, successfully breaking the almost $20K level in 2017. Will that happen in 2021...only time can tell.

 

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