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Secret Bitcoin Indicator Signals Huge BTC Bull Run Incoming

The crypto market has been extremely volatile lately, but this was not enough to stop optimistic Bitcoin-related predictions from popping up almost on a daily basis.

Huge bull run is reportedly on its way

An analyst at the crypto hedge fund Adaptive Capital is releasing a mysterious chart that he said indicates a massive BTC bull run is around the corner.

Willy Woo, who invented the Network Value Transactions Ration (NVT) said that BTC’s on-chain volume is suggesting that the bottom is in and there’s a long-term rally that is about to begin soon.

“On-chain momentum is crossing into bullish. Prep for halvening front running here on in. Can’t say what this indicator is, as it’s proprietary to @AdaptiveFund, but it tracks investor momentum,” he said.

He continued and explained that “The bottom is mostly likely in, anything lower will be just a wick in the macro view.”

More than that, there’s also a debate about the potential impact that the BTC halving that is set to take place in 2020 will have.

Another optimistic Bitcoin prediction

Earlier today, we reported another positive Bitcoin-related prediction that appeared in the crypto space.

A crypto analyst known as The Cryptomist said that BTC might be poised for a massive surge, which will take place sooner than you would expect.

He said that BTC seems to be in an ascending triangle and could break out in a matter of days.

“A possible ascending triangle to look out for Like I have been saying for the past week and a bit. I am favoring longs right now, (however, the possibility of one more move down for bears)…” he said.

https://twitter.com/TheCryptomist/status/1203650708706340864

Anyway, at the moment of writing this article, BTC is trading in the red and the coin is priced at $7,374.30.

Stay tuned for more Bitcoin and crypto predictions.


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