This Catalyst Could Trigger Massive Bitcoin Bull

The crypto market looks pretty bloody today with Bitcoin and the digital assets trading in the red.

As you know, Bitcoin was able to surpass the important level of $10 recently, and then the next day, the king coin fell almost $1,000 in a matter of minutes as we already reported.

At the moment of writing this article, Bitcoin is trading in the red and the king coin is priced at $9,636.23.

Bitcoin massive bull could be on the way

The online publication the Daily Hodl revealed that crypto strategist Josh Rager posted on Twitter that the king coin is really close to making a move that will have some pretty massive implications.

But, he also noted that the bulls have a few things more to do before this happens.

Crypto analytics firm Santiment also has a few things to say.

They explained that Bitcoin’s rise in valuation comes as the king coin has been showing robust yearly on-chain and social fundamentals, but the monthly timeline is quite a different story.

Stay tuned for more Bitcoin and crypto news.


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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