Famous Analyst: Bitcoin Over $ 4,200 Bear Market Ends! The famous analyst Alex Krüger thinks that Bitcoin will close the bear market by closing over $ 4,200.
March 30, 2019
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Bitcoin (BTC) has begun to rise once again, and on March 29th, for a short time, reached $ 4,100. Although BTC was close to the $ 4,100 dollars in the tests it did before, it didn't make it to this level, and yesterday's development gave hope to many crypto money investors.
According to the press hours, BTC has a buy-in of $ 4.184 and an increase of 3.36% and a total market volume of over $ 73 billion. Almost all of the crypto money market, as well as Bitcoin, has been on an upward trend, and experts think that the bearish market is over. The famous crypto money analyst, Alex Krüger, said last month that the bear market was over for the past 3 months with a tweet he took last Friday.
Krüger: Bear Market for Bitcoin Finished
He also said that if Bitcoin closes above the level of $ 4,200, the end of the major downward trend that started in January 2018 could be understood to have come to an end.
Bitcoin has experienced a steady decline since January 2018, and managed to increase the band to $ 4,000 after regressing to $ 3,000. The $ 6,000 breakdown, seen as a level of psychological support for many people, has brought a free fall, but apparently it will now start for the spring period for Bitcoin.