menu
techminis

A naukri.com initiative

google-web-stories
source image

Bitcoinist

1M

read

209

img
dot

Image Credit: Bitcoinist

Is Bitcoin (BTC) On Track For A 100-Day Rally? Analyst Unveils Cycle Forecast

  • Bitcoin has experienced a bullish week, surging 6% since Wednesday, igniting excitement among analysts and investors who believe this could be the beginning of the next major rally.
  • Key on-chain metrics point to a strong accumulation phase, suggesting significant price appreciation may occur.
  • Analyst Axel Adler expects a 'longer' Bitcoin rally, with a potential duration of 100 days, based on favorable macroeconomic conditions.
  • Bitcoin is currently testing crucial supply levels, and a successful push past $70,000 could signal the start of a powerful and extended rally.

Read Full Article

like

12 Likes

For uninterrupted reading, download the app