Crypto Trader Says Bitcoin (BTC) Re-Fueled and Ready for ’Moon Mission‘ – Here’s Why - The Daily Hodl
An analyst who continues to build a following with timely Bitcoin (BTC) calls believes that the crypto king is ready to witness another burst to the upside....
- Analyst Credible Crypto believes Bitcoin is ready for another upward surge.
- The recent pullback in Bitcoin flushed out overleveraged traders.
- Open interest (OI) is back at healthy levels as spot market bulls accumulate BTC.
- Credible Crypto suggests that the bearish price action of altcoins supports his bullish stance on Bitcoin.
- Bitcoin has already hit Credible Crypto's downside price target and looks poised for a recovery.
- Bitcoin is currently trading at $36,519, above the downside target of $35,766.
The sentiment of the article is positive, as the analyst believes Bitcoin is ready for a bullish move and highlights positive indicators such as healthy open interest and the bearish price action of altcoins.