Analyst: Bitcoin Isn’t ‘Hungover’ Anymore, But Don’t Expect A Rally Just Yet6.4

As traders have begun to realize that the news regarding the financial status of Tether Limited (USDT’s issuer) and Bitfinex isn’t all too harrowing, Bitcoin (BTC) has recently stabilized. In fact, analysts have claimed that the crypto market’s lack of reaction to the seemingly bearish news shows strong fundamental strength, and may, in fact, be a precursor to a bull run.

However, a number of chartists have recently taken to Twitter to note that contrary to popular belief, Bitcoin isn’t poised for a rally just yet.

Original source
https://www.newsbtc.com/2019/04/28/analyst-bitcoin-isnt-hungover-anymore-but-dont-expect-a-rally-just-yet/

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