Coin Edition -
- CoinsKid thinks there is still more upside momentum for Bitcoin ahead of a potential reversal.
- The analyst said the current BTC rally is a recovery phase on an existing bull run from November 2022.
- CoinsKid predicts a significant bear trend for Bitcoin after the fifth wave in the current pattern.
A Bitcoin analyst identified as CoinsKid on X thinks there is still more upside momentum for Bitcoin ahead of a potential reversal. CoinsKid referenced a prediction he made last September, claiming what many thought was a bear market from 2022 was only a corrective phase of a bull market.
Blow-off top in RISK.I did make this tweet days after the crash in September 2023 when everyone was ULTRA BEARISH. I backed it up with data from the #dxy, #sp500 and #ethereum, that $btc was about to make a big move into all-time highs and a blow-off top before the halving