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Time’s Running Out For Bears, Analyst Says Full-Blown Bitcoin Bull Trend Coming

Time's Running Out For Bears, Analyst Says Full-Blown Bitcoin Bull Trend Coming

Some Bitcoin bulls have in recent weeks questioned the possibility of Bitcoin rallying to record highs. This is especially as it continues to fail to break above key resistance. But one analyst says it’s just a matter of time.





According to market analyst going by Twitter handle @BTC_JackSparrow, Bitcoin has been posting one of the longest bullish patterns, based on strong accumulation under $10K. While Bitcoin has largely traded sideways for the last few weeks, investors and miners alike have capitalized on this to HODL.






Price has been ranging under often tested resistance for almost 6 weeks

Full V

No previous highs taken out

So far zero confirmations on bearish market structure

3 weekly sell-off attempts that have failed

Weekly closed higher yet again

Clock's ticking for the bears pic.twitter.com/q8bWmqSC1G

— //Ethereum

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