Bitcoin (BTC) has spent almost 900 days correcting from its $20,000 all-time highs — but its trip to $100,000 is about to start. That is the opinion of popular social media trader and analyst Positive Crypto, who on May 29 declared that the largest cryptocurrency’s 896-day climbdown would soon be over. BTC price to break “consolidation structure” According to an accompanying chart, the time since December 2017 has been “one massive accumulation phase,” during which investors repositioned themselves and bought in. This “consolidation structure,” as Positive Crypto calls it, is…
Bitcoin 896-Day ‘Accumulation’ Will Now Spark $100K Bull Run — Analyst
