The post Bitcoin Rally Warning: Expert Analysis Suggests Imminent Market Corrections appeared first on Coinpedia Fintech News
Crypto analyst Jebb raised concerns about the ongoing Bitcoin rally as the cryptocurrency market experiences signs of uncertainty. With Bitcoin’s price soaring in recent weeks, reaching new highs, Jebb warned everybody about potential market corrections shortly.
During the video, Jebb pointed out several candlestick formations indicating indecision in the market, suggesting that the bullish momentum may wane. He also noted a notable decrease in bullish momentum since February 16th, indicating a possible shift in market dynamics.
He explained that Bitcoin has experienced a much-needed rally, surging by 250% over the past 457 days. In the last 28 days alone, Bitcoin has seen a rally of 37.78%. The cryptocurrency is currently approaching its all-time high of $69,000. Based on analysis from their previous week’s video, there’s a belief that Bitcoi
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