A popular crypto analyst believes Bitcoin is about to surge again, comparing its current movement to a major stock index.
Bitcoin’s Long Bull Run?
The analyst, known as TechDev, thinks Bitcoin could be entering a long bull market that will last eight years. He points to similarities between Bitcoin’s price action and the Nikkei, a Japanese stock index that soared for 15 years starting in 1975.
“Mass Attention” is Coming
TechDev says the crypto market is about to enter a “mass attention” phase, where prices will skyrocket quickly. This rapid growth will happen in a short period, similar to how Bitcoin saw most of its gains in just 30 days over the past decade.
Get Ready for a Steep Climb
“The next vertical leg is ready to go,” TechDev warns. “When mass attention arrives, it will happen fast.” He emphasizes that those who wait to buy Bitcoin until it’s already gaining momentum will likely pay a high price.
Disclaimer: This information is for educational purposes only and should not be considered investment advice. Do your own research before investing in cryptocurrencies.
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