Analyst: The current pullback is a necessary foundation for the expected parabolic trend of Bitcoin
The analyst from Crypto Capital Venture believes that the current pullback is a necessary foundation for the anticipated parabolic trend of Bitcoin.
He acknowledges that the cryptocurrency market may further retract. However, he views this retraction as an "incredible reset", which will lay the groundwork for a sustained market rise.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: Multiple tokens experience a surge followed by a pullback, EGLD hits a new weekly low
Analysis: Ethereum has held its support level, Bitcoin is expected to rebound to $100,000
An Ethereum OG address deposited 18,000 $ETH worth $54.78 million to an exchange.