What Celeb Meme Coins Could Mean For Bitcoin's Price
Portfolio Pulse from Ivan Crnogatić
Pseudonymous crypto trader Capo of Crypto has identified a pattern where celebrity endorsements of cryptocurrencies often precede a final price surge before a market correction. Historical data from 2017 and 2021 supports this observation. This insight could serve as a short-term trading strategy for investors.
May 31, 2024 | 2:27 pm
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Capo of Crypto's analysis suggests that celebrity endorsements of cryptocurrencies, including Bitcoin, often signal a final price surge before a market correction. Historical data from 2017 and 2021 supports this pattern.
The historical data from 2017 and 2021 shows a pattern where Bitcoin prices surged following celebrity endorsements before experiencing a correction. This pattern could be useful for short-term trading strategies.
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