EddieJayonCrypto
29 Dec 23
Credible Crypto, a popular crypto trader, anticipates that Bitcoin is poised to reach a new all-time high, but also cautions against a potential aggressive correction. He emphasizes the historical pattern of dramatic crashes following parabolic rallies and predicts that Bitcoin will first reach new ...
Credible Crypto, a popular crypto trader, anticipates that Bitcoin is poised to reach a new all-time high, but also cautions against a potential aggressive correction. He emphasizes the historical pattern of dramatic crashes following parabolic rallies and predicts that Bitcoin will first reach new highs before experiencing a significant downturn. At the time of writing, Bitcoin is trading at $43,323, up more than 160% since the start of 2023 but still more than 37% down from its all-time high in November 2021.
A popular crypto trader, known as Credible Crypto, has warned of a potential aggressive correction in Bitcoin's future. He cites the historical instances of dramatic crashes after parabolic rallies and predicts that Bitcoin will first reach new all-time highs before experiencing a significant downturn. As of now, Bitcoin is trading at $43,323, up more than 160% since the start of 2023 but remains more than 37% down from its all-time high in November 2021.
Disclaimer:This is not financial advice. Please do your own research before investing in any asset.