Prominent Bitcoin Analyst: If BTC Holds this Price for a Day or Two, I’m Flipping Bullish5.4

A prominent cryptocurrency analyst and one of few yet to be convinced that Bitcoin will not sink lower than its December 2018 low of $3,200 once again is teetering on the edge of bullishness. Vinny Lingham, a South African entrepreneur and co-founder of the Civic (CVC) blockchain identity platform, has stated that he will come around to the belief that crypto winter is indeed over if Bitcoin can stay above the price many though would serve as immense resistance – $6,200.

Lingham has previously commented that he thinks Bitcoin unlikely to make any lasting gains until it moves up and down independently of other altcoins. However, he did also state that if we cross the $6,200 price point, we could very well be looking at a new bull run regardless of decoupling.

Original source
https://www.newsbtc.com/2019/05/10/bitcoin-analyst-bullish/

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