Bitcoin Not Dead, Analyst Bob Loukas Says Bear Market Cycle Is on Schedule

BTC0.36%
According to analyst Bob Loukas, the recent wave of fear and doubt circulating on crypto social media on Wednesday does not signal Bitcoin's end. Loukas, known for tracking Bitcoin's four-year cycle, argues that heavy FUD at the current stage of a bear market is a normal pattern, noting that sentiment bottoms before price does and the loudest calls for crypto's death typically arrive when markets are closest to turning.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments