Source: BeInCrypto ↗

Bitcoin Could Be Entering a New Bull Market Despite Latest Sell-Off

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What the source reports

Despite the market dip and liquidations over the past week, Bitcoin has seemingly entered a bull market, as the analysis of its 50-week moving average shows.  BloFin Research argues that Bitcoin’s traditional four-year boom-and-bust cycle is gradually losing strength. Future rallies could deliver smaller gains, followed by shorter and less severe downturns. Why Bitcoin’s Bear The post Bitcoin Coul...

Read the original report on BeInCrypto ↗

Live market context

Market figures are live reference data, not evidence that this report caused a price movement. Not financial advice.

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