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Bitcoin analyst predicts massive imminent bullish run as crypto falls to 6-month low

Bitcoin’s price has been a significant talking point for the cryptocurrency space, with the world’s largest cryptocurrency falling drastically over the past week. Despite this bearish atmosphere, some cryptocurrency analysts predict that Bitcoin will rise from the ongoing slump sooner or later.


Famous cryptocurrency analyst, CryptoBull recently tweeted that the Bitcoin market was about to go through an impending bullish crossover soon. According to the charts, the last time Bitcoin’s 50/100 week MA went through such a phenomenon was when the price was down by $430, a 62 percent fall from the all-time high.


Bitcoin lags being by over 60% from its all-time high


Looking at the numbers right now, it is evident that the cryptocurrency is again lagging behind the all-time high by 62 percent. The common factor stretched beyond that because both the above- mentioned events occurred a few months before individual chronological halvings. Read More...

Bitcoin analyst predicts massive imminent bullish run as crypto falls to 6-month low
With the halvening about 6 months away, is Bitcoin (BTC) set for a major bull run?

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