Top Crypto Analyst Says Bitcoin (BTC) Not in a Bear Market Yet – Here’s Why

Top Crypto Analyst Says Bitcoin (BTC) Not in a Bear Market Yet – Here’s Why


A widely followed crypto analyst says that Bitcoin (BTC) is not yet in a bear market despite its recent pullback that saw the biggest digital asset tumble to prices not seen since last September.

The pseudonymous analyst known as TechDev tells his 334,000 Twitter followers that BTC is still in a long corrective phase.

However, the crypto strategist highlights that BTC’s corrective period is nearing its conclusion and that Bitcoin is gearing up to start the next phase of its cycle.

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“Most likely outcome to me still is another upward impulse, before the start of [a] downward impulsive trend, which is what defines a true bear market to me.

[Another] possibility to me is capitulation soon to the correction bottom, similar to the second yellow

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