Bitcoin is incredibly bullish, now trading only $2,000 away from setting a new all-time high. The momentum has caused the crypto community to erupt in chatter regarding prices of $100,000 or more in just a year’s time.
But before this happens, one ultra-bearish trader believes there’s a chance the cryptocurrency could retest its <a class="wpg-linkify wpg-tooltip" title="
BearBear market is defined as a decreasing set of prices for various types of assets. A bearish investor wants to profit from the movement of dropping prices. You can think of a bear, swinging his big paw downward on the investment, crushing prices.
” href=”https://www.newsbtc.com/dictionary/bear/” data-wpel-link=”internal”>bear market bottom, and potentially fill all remaining gaps left on CME BTC Futures price charts. Is this trader in disbelief, or is there validity to their theory? Bearish On Bitcoin: One Crypto Traders Expects A Full Retrace
With Bitcoin only a couple thousand dollars away from revisiting its former all-time high, the crypto market is exuberant