What’s next for bitcoin? Are we gradually exiting the bear market or just getting ready for dump in prices. The recent short live bull run which the market is currently experiencing is not waving the flag that we are leaving the crypto winter anytime soon some crypto analyst thinks while other are in the opinion that a major bullish cycle is coming.
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In a session with a well known crypto analyst says that bitcoin is giving signs of recovery not only bitcoin but some other alternative coins too. In he’s words he’s says that;
“BTC: I find this to be a key level (this and $22,000) that must be held for a higher low to be considered. The last move bounced at the .618, this one is currently around the .50 level.”
Even also taking a look at other alternative markets apecoin, Ethereum and two based Ethereum projects he says that;
“APE: If BTC and ETH stay stable I think this continues to grind up to $9. I’m still in my position overall but I’ve already taken a bit of profit. In since the mid $5s.”
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