Bullish signals! Why Bitcoin is on the verge of a breakout

Bitcoin continues to remain below the critical $ 40,000 mark. With the corresponding consequences: Investors are leaving the markets, analysts believe that another collapse is possible. But there are also positive signals. What’s next for BTC and the crypto markets now?

Bitcoin is about to erupt! Why analysts are so positive now.

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Bitcoin: Trader expects new all-time high

The leading cryptocurrency has not been able to break out of its fixed range for several months: Bitcoin seems to break out again and again, but then rises only briefly and then withdraws completely again. For example, the crypto market value yesterday lost about 4%, but today it has risen by 2% to stand at $ 1.8 trillion. Investors are now reacting to the ongoing ups and downs – and are leaving the markets. This can be seen, for example, in trading volume or Google search queries for Bitcoin and Ethereum. They are currently at a low point in 12 months. The popular pseudonymous retailer “GalaxyBTC” comments: “The market is doing its best to make it look like it’s over, to turn insecure bulls into bears and confuse all participants.”

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