Analyst Who Predicted Bitcoin’s V-Shaped Reversal Explains Why BTC Is Bullish
Few expected Bitcoin to bounce back after the crash in March. The cryptocurrency had basically halved within a single 24-hour time frame, leaving many convinced that the asset’s life span was over. But one trader predicted a reversal. He published a tweet amid the downturn noting that by the end of May or June, he expected Bitcoin to be trading at $10,000. At the time he posted the chart, the world was in chaos, with […]
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Bitcoin has exploded higher in the past week, moving as high as $15,975. The coin currently trades for $15,600. Though, analysts think that the cryptocurrency could drop toward $15,000. One such analyst that called this is the same one that predicted Bitcoin’s V-shaped reversal in March. Bitcoin Could Retrace Toward $15,000, Analysts Say Bitcoin has exploded higher in the past week. Since the weekly lows of $13,300 that was triggered due to the election, the […]