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Bitcoin Past Cycle And Where It Is Now
If history repeats itself, it will soon enter the bull market 2 phase.
#btc70k
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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investment statement#btc70k
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If Bitcoin succeeds in rebounding without breaking away from its main support interval of 91.8K, it is expected to rebound to 104K, where the price imbalance has occurred on a daily basis. However, the rebound is likely to end up as just a rebound to secure liquidity rather than a strong rally that renews all-time highs, and we weigh in on a scenario where a correction occurs again afterward.#Binance
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The CMC cryptocurrency Fear and Greed Index was "neutral" for a second day at 54, ending the "greed" and "extreme greed" marches that began on Nov. 6.#bitcoin
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The U.S. Securities and Exchange Commission has finally approved the first spot fund combining Bitcoin and Ethereum. The Nasdaq listing of the Hashdex Nasdaq Crypto Index U.S. ETF and the listing of the Franklin Crypto Index ETF on the Cboe BZX exchange have been approved, according to the published documents. Bloomberg's chief ETF analyst, Eric Balchunas, predicted a fund of 80% Bitcoin and 20% Ethereum to be launched in January 25, reflecting the current market cap.#BTCNextMove
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Is the current bull market different than before? 1 Seasonal Rise Path the highest two-season decline Comparing the previous bullish cycle with the current cycle, there doesn't seem to be much difference The highest rate of decline is also the lowest compared to before, but -32% is never low volatility Remember, the fireplace is not without adjustment, but an upward-sloping time strong enough to recover from the ruinous decline#bitcoin☀️
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