Tuesday saw a bitcoin candle wick touch below $69,000 for a 6% dip, but this was quickly bought up by a market that is now treating such dips as a godsend. A $4,380 dip has now become a $4,900 buy. This unstoppable bitcoin rally rages on.
Make hay on $BTC
Shorting $BTC right now is like jumping in front of a freight train. The market has just entered into the territory of the last phase of the bull market. Just how long this will last is anybody’s guess, but making hay is probably the order of the day.
By saying that this is the last phase of the bull market might make one think that there is possibly only months left before bitcoin reaches its top, and we enter another long bear market full of pain and misery.
Is a double top a possibility for this bull run?
However, the last bull market in 2021 was a double top, where the top was reached in April, but then a large correction of 55% kicked in before the price rallied and made the second top, which was the all-time-high
We współpracy z: https://cryptodaily.co.uk/2024/03/bitcoin-btc-4000-dip-quickly-bought-right-back-up-again
