new-bitcoin-price-model-suggests-‘exponential’-bull-run-in-one-month

New Bitcoin Price Model Suggests ‘Exponential’ Bull Run in One Month

Cryptocurrency1 hour ago (Jun 29, 2020 06:00PM ET)

New Bitcoin Price Model Suggests ‘Exponential’ Bull Run in One Month
New Bitcoin Price Model Suggests ‘Exponential’ Bull Run in One Month

Earlier this week on-chain analyst Willy Woo released a new price model for (BTC). The model identifies the start of exponential Bitcoin bull runs based on historical data. According to the model, Bitcoin may be just one month away from an official bull market.

The price of Bitcoin was hovering around $10,000 in February before the coronavirus pandemic led to the U.S. stock market to correct sharply. At that time, analysts expected BTC to pull back as the price had also rejected at $10,500 which is a pivotal resistance level.

Continue Reading on Coin Telegraph

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

,

Leave a Reply

Your email address will not be published. Required fields are marked *

%d bloggers like this: