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🔥🔥🔥 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.

♦️

Bitcoinist.com

Breaking News: BREAKING: Ripple Concludes SEC Battle With $125M Penalty, XRP Price Skyrockets

Bitcoin

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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