Bitcoin Will Boom During Super Bull Run - Expert



Bitcoin's recent decline may have raised doubts about an upcoming rally, but crypto analyst and enthusiast Trader Tardigrade predicts a large bull run for BTC in the coming months, demonstrating his confidence in the crypto asset for long-term gains.


Super Bull Run Could Set Bitcoin at All-Time High
Market analyst and crypto content Trader Tardigrade predicts a tremendous bull run for Bitcoin as its price fluctuates. X (previously Twitter) hosted crypto expert Tardigrade's fascinating long-term Bitcoin price predictions.


The crypto expert said Bitcoin takes 20 months to recover from the bear market and reach its prior cycle top. In this cycle, the crypto asset spent 20 months before rebounding to its all-time high during a normal bull run, the analyst added.




After reviewing prior movements, Tardigrade predicts a big bull run in the near future, which might push the digital asset's value to new heights in current bull cycle.


Bitcoin recovered from the bear market in 20 months and reached its prior peak in the past cycle. BTC returned to the peak after 20 months with a regular Bull Run.

Bullish predictions correlate with a continuous change in market mood from cautious optimism to excitement as investors expect big returns.

Trader Tardigrade cites a Descending Broadening Triangle pattern on Bitcoin's chart to support his big growth predictions. The two lines linking lower highs and lows form a downward widening triangle. The bullish pattern generally develops during a downturn.


Tardigrade reported that Bitcoin is in a descending expanding triangle after the market drop. After a breakout from the pattern, BTC rose over 700% from $10,000 to $70,000 in the 2019 and 2020 cycles.


By matching the present shape to the 2019-2020 pattern, the analyst may expect a similar price response in this bull cycle. If the crypto asset follows this trend, it might grow from $60,000 to $420,000, a 700% gain by the conclusion of this bull cycle.


#BTC #BullRun $BTC