A cryptocurrency analyst and trader is saying Bitcoin (BTC) may have reached a market bottom after correcting down into the high $50,000 range.
The analyst pseudonymously known as Rekt Capital tells his 74,900 YouTube subscribers that Bitcoin’s latest correction is the cycle’s deepest, suggesting a further decline is unlikely.
It did go up pretty quickly. I thought it would stay low for a while, must be all these etfs holding btc. They might have build a strong foundation for this recent halving.
Face melt incoming
You think its going to go down still?
up in May
you think it will go up in may?
April was brutal
Halving plus taxes in America plus 420 stoners
haha 420 stoners affected the market that much?
Investors had less cash because of cannabis and income taxes.
I know I did!
nfa
Everything has changed this cycle...
ETF dependent plus whale 🐋
whales are moving? I thought they slept most of the time lol
They move slowly because their bags of cash are heavy