Bitcoin Decline Not A Cause For Alarm, $100,000 Still In The Cards, Analyst Says

Bitcoin Decline Not A Cause For Alarm, $100,000 Still In The Cards, Analyst Says
The Bitcoin recent price volatility, including a crash below $50,000 last month, has significantly slowed down the momentum of the bull run many analysts are anticipating. Despite the price lull, a certain crypto analyst believes that the Bitcoin bull run is still on track, predicting a sharp rise to over $100,000 once current price corrections stabilize.  Bitcoin Bull Run Still Going Strong Popular crypto analyst, CryptoCon sees Bitcoin’s recent price drop as a minor setback, suggesting that the cryptocurrency’s highly anticipated bull run remains unfazed. The analyst took to X (formerly Twitter) on August 28 to make a bullish forecast for Bitcoin, based on its current price behavior based on historical trend patterns.  Related Reading: The Curse Of September: Is Another Massive Bitcoin Sell-Off Coming? CryptoCon indicated that recent market events or news involving Bitcoin’s price decline and market volatility may be distracting for many investors, causing them to lose sight of the big picture. The analyst shared a detailed Bitcoin price chart depicting all the halving cycles from 2013, each clearly displaying a similar bullish pattern. ..

Support the originator by clicking the read the rest link below.