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Bears Fail to Crash BTC Last November, Will They Succeed this Time Around?

Published 27/07/2023, 11:26
© Reuters. Bears Fail to Crash BTC Last November, Will They Succeed this Time Around?

  • Twitter personality humiliated the BTC bears as they failed to crash BTC to $12K last November.

  • BTC looks in good shape. It may test the trendline which is around the $28K and $29K area.

  • Buyers may need to consider entering the market at the trendline in the hope of a spike.

Satoshi Flipper, a futures trader, humiliated the Bitcoin bears who thought they had the upper hand in the market last November. Based on the perception that they controlled the market, the bears strongly believed that Bitcoin’s fall to $12,000 was imminent back then. However, it wasn’t to be.

Satoshi Flipper who was always optimistic about BTC reminisced about this failed attempt by bears and compared it to what the bears were fighting for at present. In particular, he stated, “Now I’m arguing with bears about 29K vs 30K and they STILL think they have some uppe…

The post Bears Fail to Crash BTC Last November, Will They Succeed this Time Around? appeared first on Coin Edition.

The post Bears Fail to Crash BTC Last November, Will They Succeed this Time Around? appeared first on Coin Edition.

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