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15 Jan 2024, 07:45
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15 Jan 2024, 08:00
Analyst Predicts Abrupt Bitcoin Bullish Reversal, Says BTC May Witness Short Squeeze After Reclaiming This Level
A closely followed crypto strategist believes that Bitcoin (BTC) is on the verge of a big rally to a new two-year high.
Pseudonymous analyst Credible Crypto tells his 364,900 followers on the social media platform X that Bitcoin is primed for a bullish reversal.
According to the analyst, BTC’s abrupt corrective move to a seven-day low of $42,449 flushed out overleveraged traders, putting BTC in a position to rally to $55,000 – a level last seen in December 2021.
Analyst Predicts Abrupt Bitcoin Bullish Reversal, Says BTC May Witness Short Squeeze After Reclaiming This Level.
Analyst Predicts Abrupt Bitcoin Bullish Reversal, Says BTC May Witness Short Squeeze After Reclaiming This Level
A closely followed crypto strategist believes that Bitcoin (BTC) is on the verge of a big rally to a new two-year high.
Pseudonymous analyst Credible Crypto tells his 364,900 followers on the social media platform X that Bitcoin is primed for a bullish reversal.
According to the analyst, BTC’s abrupt corrective move to a seven-day low of $42,449 flushed out overleveraged traders, putting BTC in a position to rally to $55,000 – a level last seen in December 2021.