Bitcoin Mimics 2016 Pattern: Analyst Suggests Price Dip May Be Temporary pen_spark

A popular cryptocurrency analyst has recently identified possible parallels between the current price movements of the flagship cryptocurrency Bitcoin (BTC) and its 2016 bull run, even after a recent price correction. According to pseudonymous cryptocurrency analyst Rekt Capital, Bitcoin’s price action has been mirroring its 2016 cycle, with further declines observed in the weeks following... source: https://www.cryptoglobe.com/latest/2024/05/bitcoin-mimics-2016-pattern-analyst-suggests-price-dip-may-be-temporary-pen_spark/