Analysts allowed the formation of a bullish phase in bitcoin

Bitcoin may have entered a new bullish phase as many market participants have “dropped out” in recent months. However, the risk of a rollback and testing of recent lows remains, experts admitted. LookIntoBitcoin. The technical picture is encouraging. Despite the likelihood of the upside wave fading in recent weeks, there is a good chance of reaching the 200-week WMA at the level of $24,690, experts pointed out. Data: LookIntoBitcoin. In October-November indicators Cumulative Value Days Destroyed (CVDD) and balanced price pointed to a high probability of reaching a cyclical bottom quotes. With each subsequent day after the price rebounds from