Bitcoin: Bounce To $70,000 Imminent?
Is the recent dip just a breather before a launch to $70,000?
Trader Who Predicted Bitcoin Crash Says Epic Bounce to $70,000 Imminent
The trader who nailed Bitcoin’s violent collapse from above $60,000 to the lows of $50,000 is now predicting that the leading crypto asset will ignite an epic bounce and restart its bull market.
On April 12th, trader and crypto analyst Loma told his 128,300 followers that he believed Bitcoin would trap bulls with a fake breakout just as crypto exchange Coinbase gets listed on the stock market.
“Scenario I’m looking at for BTC heading into COIN listing:
>Takes highs leading into listing
Impoverishes breakout buyers/ascending triangle traders
$70,000 towards the end of the week/week after.”