Bitcoin Price Could Avoid New Lows As Analyst Points To Historical Pattern

Photo: Burst via openverse
Bitcoin price has come under renewed pressure following its latest market decline, but one prominent analyst believes historical data offers a reason for cautious optimism. Galaxy’s head of firmwide research, Alex Thorn, has identified a technical pattern that previously appeared during two major Bitcoin market recoveries, suggesting the cryptocurrency could avoid establishing fresh bear-market lows. […]
Read the full story at bitcoinist.com.
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