BTC price four-year trend calls for $76K as analysis says Bitcoin ‘not broken’
Bitcoin research said that BTC price action remained in tune with previous cycles as the bear market produces a 20% discount to its four-year “adoption structure” trend line.
Bitcoin (BTC) is “compressed” at low levels but its classic cycles remain intact, say new research.
Key points:
Bitcoin is acting just like in prior cycles as it circles a key four-year trend line.