Mid-Way Cool Down: Analysts Believe Bitcoin Price Cycle Is Incomplete, Trader Says BTC’s 'Next Move Should Be Cycle's Top'
The price of bitcoin is down 16% over the last 30 days and since the crypto asset’s all-time high on November 10, 2021, bitcoin has lost more than 38% since it surpassed $69K per unit that day. Meanwhile, crypto advocates are furiously debating whether this is a bitcoin bear market or if the bull market is still intact. To many observers bitcoin’s current market cycle is not complete, as no solid peak had formed, and speculators still expect another bubble to come to fruition.
The Four Phases of the Price Cycle — Bitcoin Traders Debate Cycle Position, Trader Insists ‘Early February Will Be the Move’ Many digital currency traders pay attention to tops and bottoms and the four stages of the market cycle. The stages include the accumulation phase, the uptrend phase, the distribution phase, and the downtrend or capitulation phase. One could say that the accumulation phase took place 666 days ago on March 12, 2020, when the price of
bitcoin 🚀
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It is good then that I am holding my bitcoin in the wallet of safe Bitfinex.
I don't understand people who wish very much that our future didn't change for the better
Bitcoin really needs no introduction, as it is the first cryptocurrency, created in 2009 by Satoshi Nakamoto. It is a decentralized ledger that allows users to send money to each other without an intermediary. Endlesswar Endlesswargame NFT
I think they are now in a state of expectation and the last opportunity to make a profit.
This bubble fud reminds of tether fud...
All this disturbance is caused by the proceedings related to the Chamber of Accounts, it affected not only the crypto market. Soon all this will stop
i have 100btc whay i can do plss rply ...
when go bitcoin bullish
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What is the value of BTC? The market is doing whatever it wants. And alts coins are also going down seeing BTC. Not thinking about the average customer.😈
It will continue to fall,
Bitcoin is repeating the same pattern like May-July 2021 and we may see sideways movement for next few weeks in range of $40k-$46k area. If BTC breaks below $40,000 then we see more panic in the market. Bravo fnq_4d Made us proud her TA & tips have been very helpful
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