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.

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.


Companies Mentioned

CoinMarketCap
CoinMarketCap

CoinMarketCap is a website that provides cryptocurrency market cap rankings, charts, and more. It was purchased by Binance for $400M in 2020.

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Eduard Watson Author

An experienced finance writer for more than 10 years, active industry watcher, and gadget enthusiast.

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