Home
News
Details

EGRAG Crypto Analyst Compares Bitcoin's Current Trend to 2019, Predicts Second-Stage Surge

icon币界网
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
This is the logo of the coin.
BTC
$88,261.500.27%
EGRAG Crypto analyst BitJie Wang says Bitcoin is in the early phase of a **bullish trend**, comparing the current setup to 2019. The firm argues the market is being misread as a 2021 repeat, but liquidity conditions now mirror 2019, with the Fed injecting $13.5 billion into the system. Technicals show a higher low pattern, with a price target of $103,000 and a best-case $365,000. EGRAG also notes **altcoins to watch** could see renewed momentum as Bitcoin enters a second-stage rally.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.