What bear market? Current BTC price dip still matches previous Bitcoin cycles, says analyst By Cointelegraph


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(BTC) has “at least one more upward impulse to come” before reaching this halving cycle’s all-time high, new research maintains.

In a series of tweets about the current state of BTC price action, popular analyst TechDev argued that contrary to many opinions, there is nothing unusual about in 2022.

Bitcoin new addresses (2-week moving average) vs. BTC/USD chart with Fibonacci levels. Source: TechDev/Twitter
BTC/USD 1-day candle chart (Bitstamp) with RSI. Source: TradingView