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What bear market? Current BTC price dip still matches previous Bitcoin cycles, says analyst -Breaking

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© Reuters.

(BTC) has “at least one more upward impulse to come” before reaching this halving cycle’s all-time high, new research maintains.

Popular analyst TechDev tweeted a number of updates about current BTC price action. arguedContrary to common belief, nothing is unusual in 2022.

Bitcoin new addresses (two-week moving average), vs. Bitcoin/USD chart with Fibonacci level. Source: TechDev/Twitter
BTC/USD 1-day Candle Chart (Bitstamp), with RSI. TradingView