If History Rhymes, Bitcoin (BTC) Could End Bear Market After Surge Above $4,500: Analyst

2019-2-24 03:00

Since Bitcoin (BTC) hit public markets, the cryptocurrency has traded in multi-year cycles. Every few years, the asset runs parabolically, prior to a dramatic, nasty ~80% drawdown. In the eyes of most, BTC has done that twice or thrice by this point, not including the current crypto bear market.

As Bitcoin is currently ~80% down. . .

The post If History Rhymes, Bitcoin (BTC) Could End Bear Market After Surge Above $4,500: Analyst appeared first on NewsBTC.

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