Crypto YouTuber Lark Davis has covered several developments in the Bitcoin and greater crypto space that point towards some bullish momentum.
Among them are increased adoption, including that by institutional firms, and acceptance by countries.
Brighter days are coming for Bitcoin and the wider crypto space. This is the conviction of crypto YouTuber Lark Davis.
Davis first noted that Bitcoin is currently attempting to break out of its downtrend in the RSI (Relative Strength Index). A similar trend was seen for half of 2021, after which the crypto asset massively rallied by 130 percent from its summer lows. Crypto charts are notorious for repeating history, and so a similar breakout is quite possible in the future, even with the current prevailing sideways momentum.
Additionally, a weekend report by CoinDesk reveals that investors pulled out Bitcoin worth $670 million from centralized exchanges after hawkish comments from the Fed. This is an indicator of long-term bullishness since
