A popular crypto strategist is looking at one key metric to determine whether or not Bitcoin (BTC) has finally reached the bottom during the current extended bear market. The pseudonymous trader Rekt Capital offers his 312,800 Twitter followers a lengthy thread about how Bitcoin’s price is affected by its exponential moving average (EMA), a calculation […]
The post History Suggests Bitcoin Bottom Still Not In, Says Top Crypto Analyst – Here’s His Target appeared first on The Daily Hodl.
A popular crypto strategist is highlighting one key metric to determine whether or not Bitcoin (BTC) will outshine altcoins in the coming months. The pseudonymous trader Rekt Capital tells his 312,300 Twitter followers the Bitcoin Dominance chart (BTC.D) seems poised to rise and complete a wedge pattern dating back to early 2021. “BTC Dominance is […]
The post Altcoins in Danger of Getting Wrecked As Bitcoin Forms Bottom, According to Top Crypto Analyst appeared first on The Daily Hodl.
