Bitcoin's Bull Run Turns Bearish, Traders Flee as Price Plunges Below $28k.
Originally Published 2 years ago — by The Daily Hodl
Crypto analyst Aurelien Ohayon predicts that Bitcoin is only weeks away from a massive parabolic surge well into the six-figure price range, based on the double exponential moving average (DEMA) crossing above the weekly median high and low (HL), the weekly Chande Kroll Stop indicator, and Bitcoin's post-Covid crash price action from 2020. At the time of writing, Bitcoin is worth $28,608.