Bitcoin (BTC) continued its upward trajectory on Friday and soared past $24,000 before settling at around $23,600. Research into new data also suggests that the Bitcoin bear market might be over and that the crypto is already on its new macro uptrend if historical hold patterns repeat. Independent analyst Miles Johal did research into data that tracked the amount of Bitcoin supply dormant for one year or more, Cointelegraph reported. Johal was able to detect a pattern wherein a rounded top formation in hodled BTC always signaled the ending of a bearish cycle. He shared his findings on…
source: https://tokenpost.com/Indicators-hint-Bitcoin-bear-market-is-over-as-BTC-briefly-soars-past-24K-9705
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