A crypto analyst who caught the 2022 Bitcoin bottom thinks BTC is close to witnessing a best-case scenario following mostly bearish price action last month.
In a new strategy session, pseudonymous analyst DonAlt tells his 59,200 YouTube subscribers that Bitcoin looks strong after losing $60,000 earlier this month only to recover the key level a few days later.
According to the analyst, the false downside move is a catalyst that could trigger a burst to the upside for BTC.
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“That’s just a chad setup. I love those. Almost all the time when I get them where the daily time frame is bearish but the weekly and the monthly are bullish, when that flips you usually make quite a bit of money.”
While DonAlt is bullish
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