2018’s Bitcoin (BTC) Chart Mirrors Last Bear Market: ‘Bulls May Awaken’24.77

Analysis completed by Fundstrat technician Rob Sluymer, which was subsequently relayed through MarketWatch’s Aaron Hankin, indicates that the current Bitcoin (BTC) price chart entirely mirrors that seen in late-2014 and early-2015, this market’s last dismal bear market.

For those who aren’t in the loop, during late-2014 and early-2015, BTC saw a sharp sell-off after hitting quadruple-digits in late-2013 in an industry first. This infamous historic bear market, which was only exacerbated by the world-renowned $440 million Mt.Gox hack and subsequent fallout, saw altcoins, such as the now-near-deceased Feathercoin, lose 90%+ of their value, while BTC held relatively strong.

Original source
https://ethereumworldnews.com/2018-bitcoin-btc-chart-mirrors-last-bear-market-bulls-may-awaken/

Add comment

Please Sign in to be able to leave comments.