Attention crypto enthusiasts! đ
Bitcoin (BTC) is consolidating just below its 2021 all-time high of $69,000. Independent trader Bob Loukas believes BTC is entering an âexplosiveâ period of its four-year cycle.
- Loukas notes that Bitcoin is accumulating in a descending wedge and could enter a parabolic trend.
- Analysts at Santiment see growing institutional interest and optimism for a potential bull run in 2024.
What do you think? Leave us your comments!