Bitcoin (BTC) to Defy Traditional Cycle Theory Next Year With Big Rally, Says Top Crypto Analyst
Sponsored
Sponsored
A popular crypto analyst says that Bitcoin (BTC) will defy all traditional theories of its market cycles next year. The pseudonymous analyst known as TechDev tells his 402,000 Twitter followers that BTC will challenge conventional wisdom that its price cycles are driven by the halving cycles. Halving cycles are the four-year intervals when Bitcoin miners’ block rewards are cut in half, which many investors believe have been playing a role in putting pressure on the price. TechDev predicts that BTC largely ignores the next halving, likely to happen in mid-2024, and instead turn bullish early next year. TechDev predicts that
The world’s richest non-exchange Bitcoin (BTC) whale is adding more of the flagship crypto asset as the market rebounds. The wallet has added 806 BTC over the past seven days as the price of Bitcoin... [[ This is a content summary only. Visit my website for full links, other content,…
A closely followed crypto analyst is identifying three catalysts that could lead to a reversal of Bitcoin (BTC) as the benchmark cryptocurrency hovers below $20,000. In a new strategy session, the... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go…