Bitcoin Tests Final Resistance Levels Before Confirming Bull Market Commencement
- Bitcoin tests final resistance levels before confirming bull market start.
- Some believe despite the remaining resistance levels, the bear market is over.
- Could this be a singular pump before liquidity rotates into altcoins?
The crypto community is thrilled to see the prices of promising altcoin assets soar over the past 2 days. Reputed analyst debate over the possibility of the end of the bear market and the start of the bull market while Bitcoin tests final resistance levels before confirming bull market commencement. Could this truly be the moment the tides turn back for crypto or its this just the beginning of rotation into altseason?
Bitcoin Tests Final Resistance Levels
Over the past 48 hours, the price of the pioneer crypto asset, Bitcoin (BTC), ran from the $69,000 price range to as high as the $79,000 price range, so close to reclaiming $80,000 and surging beyond that towards higher targets. According to one reputed crypto analyst, this sudden price action marks the end of the bear cycle and the start of the early stage of the bull cycle.
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