Bitcoin's Bull Run Turns Bearish, Traders Flee as Price Plunges Below $28k.

1 min read
Source: The Daily Hodl
Bitcoin's Bull Run Turns Bearish, Traders Flee as Price Plunges Below $28k.
Photo: The Daily Hodl
TL;DR

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.

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