Crypto Market : Will Bitcoin Crash Before A Bull Run ?
The calm periods in the bitcoin market are often deceptive. Indeed, when volatility collapses, it gives way to brutal amplitude movements, capable of surprising both seasoned investors and short-term speculators. Today, several technical indicators suggest a scenario similar to that of August 2023: a temporary drop in BTC before a major rebound that could bring it up to $85,000. An analysis conducted by CryptoQuant reveals that current market conditions resemble a past configuration where prolonged stagnation led to massive liquidation of positions before paving the way for a strong bullish trend.
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Crypto Market : Will Bitcoin Crash Before A Bull Run ?
The calm periods in the bitcoin market are often deceptive. Indeed, when volatility collapses, it gives way to brutal amplitude movements, capable of surprising both seasoned investors and short-term speculators. Today, several technical indicators suggest a scenario similar to that of August 2023: a temporary drop in BTC before a major rebound that could bring it up to $85,000. An analysis conducted by CryptoQuant reveals that current market conditions resemble a past configuration where prolonged stagnation led to massive liquidation of positions before paving the way for a strong bullish trend.