On-Chain Metrics Suggest Bitcoin Bull Run Has Barely Begun, Says Crypto Trader Elliot Wainman

On-Chain Metrics Suggest Bitcoin Bull Run Has Barely Begun, Says Crypto Trader Elliot Wainman


Crypto trader and influencer Elliot Wainman is sharing his thoughts on Bitcoin’s price potential, asserting that the asset is nowhere near its bull cycle top.

Wainman says on-chain metrics reveal that Bitcoin is just catching hold of its “true bullish momentum” after recently staging a recovery from early-March lows.

The cryptocurrency analyst predicts that the flagship digital asset could reach a price of $1 million per coin once the Bitcoin super cycle really kicks off.

Trending: Trump Will Leave Mar-a-Lago for New Jersey, Making It New Focal Point for Republican Politics

“As we enter into May of 2021, which many people feel like might be towards the end of this bull run, I can’t help but feel like we’re on the brink of really crossing the chasm into a Bitcoin super cycle that would not only bring in hundreds of millions, if not billions of users, into crypto but would most likely send Bitcoin to astronomically new highs of hundreds of thousands, maybe even close to that hallowed ground of a $1 million Bitcoin.”

Continue reading

You Might Like

Do NOT follow this link or you will be banned from the site!
Thanks for sharing!
Send this to a friend