Bitcoin’s recent dip from an all-time high of $109K all the way to $77K rattled a lot of retail investors, who started panic selling, which further intensified $BTC’s fall.
However, smart investors knew all along that corrections in an extremely bullish market (referring to Bitcoin’s November run) are healthy. In fact, they only mean one thing – new accumulation zones before the next rally begins.
Several strong technical analysis signals are now pointing towards the same, i.e., Bitcoin is currently in an accumulation phase and that it’ll soon begin its next leg higher.
Read on as we dive deeper into Bitcoin’s analysis, why this could be the perfect time to be a buyer, and finally which new meme coins on presale you should be looking at.
4 Reasons Why Bitcoin Could Rally Higher
Here’s a detailed run-through of all the major reasons why $BTC is in a pole position to reach new highs.
1. The Long Term Holder Supply for Bitcoin is sho ..
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