Cryptocurrency analysts predict the end of the Bitcoin bear market

2019-1-10 19:02

Blockchain investigators have employed a neat method for analyzing Bitcoin activity to determine at what point long-term holders typically yield and sell their Bitcoin. Delphi Digital, an independent research boutique specializing in the digital asset market, has studied Bitcoin transaction data and market prices, calculating that Bitcoin investors are (for the most part) done with their selling.

This indicates the start of an accumulation phase that might replicate cycles from way back in 2014, when the price fell from $1,000 to less than $200 as a result of a year-long bear market. “In its simplest form, it’s a method to understand…

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Источник: thenextweb.com

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Bitcoin ‘Final Cycle Pump’ Puts Price As High As $200,000

Bitcoin (BTC) could be gearing up its last explosive rally of a four-year market cycle, which traditionally kicks off at the beginning of a halving event and culminates just before the next one. A crypto analyst has boldly predicted that the price of Bitcoin could surge to $200,000 and above, marking new All-Time Highs (ATHs) and the peak of the long-awaited bull market.

2024-9-23 03:01


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