A well-known cryptocurrency analyst believes that Bitcoin (BTC) is repeating the bullish trend in the Japanese stock market four decades ago. An analyst under the pseudonym TechDev posted on the social network charts representing a graph of the relationship between 10-year Chinese bonds and the amount of US liquidity relative to the price of Bitcoin, showing that an increase in this ratio leads to a decrease in the price. Bitcoin is expected to grow. Despite the fear that dominates the market, TechDev is optimistic about the future and believes that these periods of fear usually occur before major rallies.
Post a Comment
0Comments