After generating a lot of optimism for nearly 6 months thanks to a significant rally and a string of developments – the biggest of which being spot exchange-traded fund (ETF) approvals and the halving – Bitcoin (BTC) entered into a period of struggle in April and, by May, into a full-blown bloodbath.
Indeed, after hitting a new all-time high (ATH) near $73,000 in March and sparking hopes that halving event might take BTC above $100,000 and possibly – by year’s end – to $300,000, Bitcoin started dropping until it finally crashed to approximately $57,000.
One crypto expert, however, believes the crypto market – at least for BTC – found its bottom, and their technical analysis (TA) of the cryptocurrency shows that the coin is now likely to surge.
TD Sequential hints at looming Bitcoin rally
On May 2, the prominent crypto expert on X, Ali Martinez, posted their technical analysis of Bitcoin which demonstrates that – after briefly dropping below $57,000 – th
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