CandleFocus

Analyst Says Most Aggressive Wave to the Upside Still To Come for Bitcoin – But There’s a Big Catch

The crypto strategist and trader known as Credible believes that Bitcoin (BTC) is primed for a rally towards its all-time high of $74,000. However, Credible warns that this rally may be a trap for bullish BTC investors. He highlights his high time frame outlook, stating that Bitcoin may experience one final drop before the real rally to $100,000 begins. Credible predicts that the bull market will start next year, as the current consolidation period has lasted longer than expected. At the time of writing, Bitcoin is trading at $69,080.

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