After swinging with huge uncertainty, Bitcoin prices are showcasing some stability in the prices since the past couple of hours. A significant buying volume appears to have accumulated and hence the prices have flipped from the lower support. An extended upswing may uplift the price beyond the $29,700 levels, but the bears seem to be still dominant and poised about the upcoming move.
Bitcoin’s extended consolidation has been witnessed a couple of times before. And each time the asset has managed to undergo a huge bullish trend. Despite the bearish predictions hovering around the asset, the probability of the bull run does not vanish. As pointed out by a popular analyst, តម្លៃ BTC undertakes a fakeout, then a fake-breakdown prior to a huge upswing.
តើការសរសេរនេះមានប្រយោជន៍ទេ?
Source: https://coinpedia.org/bitcoin/is-it-the-right-time-to-buy-bitcoin-know-how-btc-price-is-gearing-up-for-a-huge-bull-run/