Crypto Trader “Senses Bottom,” Says Bitcoin (BTC) Could Rally In May

Crypto is just three weeks into 2019, but the price predictions and forecasts are already well underway. On Wednesday, as news broke that CBOE, VanEck, and SolidX had effectively retracted their Bitcoin (BTC) exchange-traded fund (ETF) proposal, crypto analyst Moon Overlord took to Twitter to paint a bull case for the flagship cryptocurrency.

Moon Overlord, known for his astute bits of analysis, first remarked that the fact that BTC barely moved off the ETF news made him “sense” that a bottom is nearing. In subsequent tweets, the commentator, who sports over 38,000 followers on Twitter, noted that the calls that BTC is going to breach the $1,000 price point in the near future are likely irrational.

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