🔥🔥🔥 Bitcoin Bull Run: Analyst Identifies Where We Are In The Bull-Bear Cycle:
♦️ Breaking News: BREAKING: Ripple Concludes SEC Battle With $125M Penalty, XRP Price Skyrockets
Bitcoin Bull Run: Analyst Identifies Where We Are In The Bull-Bear Cycle
A crypto analyst has shed light on the current stages of Bitcoin’s bull-bear cycle, suggesting that the cryptocurrency may be moving past a bear trap and getting ready for substantial bullish rallies toward new highs.
Was Bitcoin’s Sudden Crash A Bear Trap Or Shake Out?
♦️BTC’s price is closely approaching $62,000 after what some crypto analysts are calling one of the most dramatic bear traps. In an X (formerly Twitter) post on August 8, a crypto analyst identified as ‘Sensei’ posed the question of whether Bitcoin’s recent price crash may have been a “shake out or bear trap.”
A shake-out here is a general term used to describe a temporary price decline in a cryptocurrency aimed at forcing out weaker investors and pushing them to sell their holdings.
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Bitcoinist.com
Breaking News: BREAKING: Ripple Concludes SEC Battle With $125M Penalty, XRP Price Skyrockets
Bitcoin Bull Run: Analyst Identifies Where We Are In The Bull-Bear Cycle.
A crypto analyst has shed light on the current stages of Bitcoin’s bull-bear cycle, suggesting that the cryptocurrency may be moving past a bear trap and getting ready for substantial bullish rallies toward new highs.
Was Bitcoin’s Sudden Crash A Bear Trap Or Shake Out?
BTC’s price is closely approaching $62,000 after what some crypto analysts are calling one of the most dramatic bear traps. In an X (formerly Twitter) post on August 8, a crypto analyst identified as ‘Sensei’ posed the question of whether Bitcoin’s recent price crash may have been a “shake out or bear trap.”
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