Bitcoin and Ethereum Stagnate as Analysts Predict 2019-Style Bounce
TL;DR Summary
Pseudonymous trader DonAlt, who successfully predicted this year's crypto turnaround, is close to flipping bullish on Bitcoin (BTC) as it consolidates around $27,000. DonAlt believes that the lack of follow-through from BTC bears after defending resistance at $30,000 suggests that Bitcoin is not yet done with its uptrend. He also notes that the longer it takes for the breakdown argument to materialize, the harder it is to make.
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