'Real' Bitcoin Bull Market Is Yet To Commence: 'Violent Up-Only Price Action' Will Mirror Previous Cycles, Touts Trader
Portfolio Pulse from Khyathi Dalal
Prominent crypto trader Kaleo predicts significant growth for Bitcoin following its halving events, suggesting that the real bull market is yet to commence. Historical data shows Bitcoin's price surges occur in the year following a halving. Coinbase Institutional supports this view, noting that the current cycle is tracking previous patterns. Whale accumulation of Bitcoin is also highlighted.
July 30, 2024 | 12:39 pm
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Coinbase Institutional's analysis aligns with Kaleo's prediction of a significant Bitcoin bull market, suggesting that the current cycle is following previous patterns. This could drive increased trading volume and interest in Coinbase's platform.
Coinbase Institutional's analysis supports the prediction of a significant Bitcoin bull market, which could lead to increased trading volume and interest in Coinbase's platform, positively impacting its stock price.
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