Bitcoin Bulls Rage In Key Indicator
Good Monday to everyone!
Bitcoin Bulls Rage in Key Indicator Despite $11 Billion Crypto Drop
“Josh Rager, a cryptocurrency analyst, explained that the GMMA has signalled the end of the bitcoin bear market as the price of the asset surpassed $7,000 earlier this month and that the trend would still remain bullish following a strong pullback.
People have questioned if ‘dips are buying’ And my answer is still a strong ‘yes, dips are for buying’ Even if we do see strong pullback lasting weeks, the correction will only serve to refuel a strong move up post-correction with past avg. of 150% gain between 30% pullbacks.
With Bitcoin and crypto markets, anything can happen as these markets are easily manipulated But until we close below $5,500 area on a weekly level, I’ll remain bullish Let’s not forget that we just closed out the strongest monthly candle on the Bitcoin since 2017.”