Completely wresting the initiative from the bears, bitcoin is heading back to the $73,800 all-time high. This time, there doesn’t appear to be anything that can stop it.
A raging bull market coming
In previous bull markets bitcoin would reach that stage where the price became parabolic, and those witnessing this talked of a ‘raging’ bull market. Bitcoin could be about to enter into this stage in this current bull market in the not too distant future.
Source: Coingecko/Trading View
Bears had their chance
The bears had their chance over the last couple of weeks since bitcoin made its new all-time high. The candle that printed on the all-time high was a spinning top. These kinds of candles often come at the top or bottom of a trend and show uncertainty in the market.
With other indicators also showing that bitcoin, to all intents and purposes, was looking overbought, this could have been the signal that the uptrend was about to be broken. However, the next candle to pri
We współpracy z: https://cryptodaily.co.uk/2024/03/bitcoin-btc-heading-back-to-all-time-high
