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June 26, 2022
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Bitcoin

Hossa is back in the game? – Bitcoin Radio # 55

The last time in the world of cryptocurrencies is a real treat for all lovers of the bull market. We are at a rather interesting moment, when bitcoin is stubbornly trying to break the $ 40,000 mark – so far to no avail. The market, however, provides a large number of positive signals that may still surprise us.

Bitcoin boom … when?

The bitcoin boom may be just around the corner. This is indicated by several factors. The first is the change in sentiment among traders. For the first time in several months, the cryptocurrency Fear & Greed index began showing values ​​above 50 points. This is the same as switching to the side of “greedy” investors hoping for profits. However, this is not the end of positive news. Stock exchanges face a record outflow of BTC supply. This is another sign that may indicate an imminent increase in the price of the most popular cryptocurrency.

Moreover, the popular Bitcoin analytical model, S2F, indicates that BTC precisely follows the growth path set by this model. According to its author (PlanB), we can expect a price of $ 100,000 at the end of this year.

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