A market analyst predicts Bitcoin will hit bottom on February 4, 2025, followed by a slow recovery before a rapid surge around February 23.
Altcoins are expected to recover faster, with some potentially surging 200%-300% in hours after Bitcoin finds its bottom.
Bitcoin has resurfaced in the headlines after crypto analyst Alan Santana made his latest prediction on TradingView. After a wave of liquidations worth billions of dollars, Bitcoin will lowest point on February 4, 2025, claims him. The recuperation that follows, nevertheless, will take place gradually before suddenly rising. It won’t go straight forward.
Will Bitcoin Rebound or Drop Further?
Santana clarified in his analysis that two different situations exist. First, Bitcoin might show a modest comeback before declining more, creating a trend that will pull the price down until February 14, 2025. Strong recovery will thereafter follow.
Source: Alan Santana on TradingView
 
Conversely, based on him, a more plausible situation

Czytaj więcej

We współpracy z: https://www.crypto-news-flash.com/analyst-sees-bitcoin-bottom-slow-rebound-before-surge/?utm_source=rss&utm_medium=rss&utm_campaign=analyst-sees-bitcoin-bottom-slow-rebound-before-surge