Bitcoin To Spend 2020 In Accumulation Mode, Ideal Buy Zone

News BTC | Dec 4, 2019 at 6:00 PM
  • Expecting Bitcoin’s bull run to have already commenced, one crypto analyst has remained cautious, waiting for Bitcoin’s parabolic rally to cool off and come back down to the “buy zone”.
  • One prominent crypto analyst who almost solely focuses on long-term plays on assets like Bitcoin or precious metals, and even altcoins, has long shared charts that targeted the current price levels as an ideal buy zone.
  • Some of the charts calling for Bitcoin to trade within this level were shared long before the crypto asset ever topped out in late June and early July.