BTC Price Holds $26k As Investors Shun Buying The Dip
This lack of active participation which often comes after dips, has confined Bitcoin to hovering at $26,000. Attempts to climb toward $27,000 only made it to $26,282 while on the downside bulls set camp at $25,000 in a bid to avert an extended decline. advertisement BTC Price Bull Runs Start in Extreme Fear Ardent investors in the crypto market are well aware of the Bitcoin cycles, which are often linked to the halving – set to occur in April 2024. These cycles are characterized by periods of euphoria and fear, which mark the beginning of retracements or bull runs, respectively. According to @DrProfitCrypto “The last bull run in the end of 2020 started with absolute fear during covid and the mother of all crashes.” The sell-off triggered by the pandemic set Bitcoin on a parabolic climb to new all-time highs of $69,044. Recommended Articles ...