Bitcoin remains above key moving averages, indicating a bullish trend. Although the altcoin market has been affected by Bitcoin's consolidation, a renowned analyst believes the bull cycle is still intact. The Relative Strength Index suggests that Bitcoin retains bullish momentum, and the breakdown of the Dollar Currency Index is seen as a positive for cryptocurrencies. The analyst predicts a bounce in the cryptocurrency market between the end of February and the beginning of March, but acknowledges the possibility of a further price drop before it occurs. The analyst views the negative sentiment in the market as a positive sign for the bull market, as it clears out weak hands and resets the market for higher growth.



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