Crypto analyst Kevin Capital has identified a bearish pattern in the Bitcoin market that has historically led to a market crash. However, other analysts, including Titan of Crypto and CobraVanguard, have provided more optimistic outlooks, suggesting that BTC's mark-up phase is beginning and that it could rally to as high as $117,000 and $123,000 respectively. The January monthly close also provided a bullish outlook, with crypto analyst Mikybull Crypto noting that the good monthly close invalidated a shooting star candle and BTC could rally to $144,129. Overall, there is both concern and optimism surrounding the future of the Bitcoin price.
Content Editor ( newsbtc.com )
- 2025-02-01
Bitcoin Price In Trouble? Bearish Divergence That Led To Market Crash Last Cycle Returns
