Bitcoin has been moving lower ahead of the Halving event, going against analysts’ expectations. This price action has been unexpected and shows how the coin tends to go against predictions, basically charting its path.
Bitcoin Breaking The Mold
In light of Bitcoin’s randomness, especially in the past few months following the approval of spot exchange-traded funds (ETFs), one analyst expects the coin to continue defying expectations by clocking in a bull run that defies historical trends.
Trending: Paris Hilton: “The Held Me Down, Spread My Legs…” [WARNING: Graphic]
The analyst cites two recent instances where Bitcoin defied expectations to justify this bullish outlook. First, following the rapid expansion in the 2020 to 2021 bull run that saw Bitcoin soar from less than $10,000 to fresh all-time highs of around $70,000, prices sharply contracted in 2022.
Then, the United
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!