Massive Bitcoin Rally Is Around The Corner

It’s been revealed that thereis a massive Bitcoin rally just waiting to dropm, according to the latest predictions. Check out the reports below.

A popular crypto strategist believes that Bitcoin (BTC) is gearing up to print a new all-time high despite the overall bearish sentiment in the markets.

Pseudonymous analyst Credible said that Bitcoin has been in a macro bull market over the last decade or so with the 2014 and 2018 bear markets serving as corrective periods.

“After the tops in 13/17, we had major bear markets in which it took three years to get back to highs. Current corrections are of a smaller degree, and this will be proven if/when we break to new all-time highs in some months. BTC.”

According to the crypto analyst, his bullish stance is controversial since BTC is a lot of years away from the next halving.

“A controversial take I know, but Bitcoin halvings more priced in than people think in my opinion. Most not expecting new all-time high until after next halving in 2024. I’m expecting one before. BTC.”

Earlier today, we revealed that Bitcoin (BTC) is following a certain market structure from 2018 “move for move,” according to crypto analyst Benjamin Cowen.

In a new strategy session, Cowen made sure to highlight that in January of 2018, Bitcoin managed to print higher lows between $9,000 to $11,000.

Cowen notes Bitcoin eventually cratered and put in a new low at the time around $5,800.

“You can see in 2018, we had a low, we had a higher low, [and] we had this one [which is] a pathetic attempt at a higher low. [We] ultimately put in a lower low and the back up to the trendline. Furthermore, it was a rejection off the 200-day simple moving average [SMA] in between.”

According to Cowen, Bitcoin has been mirroring the 2018 market structure over the last few months.