RATE Group | Biggest Bull Is Preparing for Bitcoin to Skyrocket Despite Recent Crash
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Biggest Bull Is Preparing for Bitcoin to Skyrocket Despite Recent Crash

21 Nov Biggest Bull Is Preparing for Bitcoin to Skyrocket Despite Recent Crash

Posted at 16:18h in Cryptocurrency News by

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  • Bitcoin’s price action has been bearish as of late.
  • Nevertheless, the biggest bull in Crypto Twitter sees a reversal in the horizon.
  • Other traders do not share an optimistic outlook and bet on a bitcoin plummet to $6,000 levels.

To say that crypto enthusiasts have turned bearish on bitcoin would be an understatement. The number one cryptocurrency is now trading below $8,000. The chart looks ugly and it gives very little reason to be bullish.

Bitcoin looking bad on the chart
A full-time trader illustrating why it bitcoin is bearish right now. | Source: Twitter

The cryptocurrency has been in a slow bleed ever since it climbed as high as $10,350 on Oct. 26. At that point, many thought that bitcoin would restart its bullish trend. Unfortunately, long positions got liquidated as the digital asset dumped.

Nevertheless, Crypto Twitter’s biggest bull Majin strongly believes that the dominant cryptocurrency is primed for a reversal. The liquidity game theorist claims that bitcoin is bottoming out.

Bitcoin in the Process of…

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