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via Cointelegraph · By Cointelegraph Staff
Bitcoin Four-Year Cycle 'Normal' Says Trader as BTC Hits Bottom Zone
BTC
BTC/USDT
$63,053.27
-0.03%
$63,053.27
-0.03%
(24s)24h Volume
$2,467,706,812.03
24h H/L
$63,175.00 / $62,920.00
Change: $255.00 (0.41%)
Long/Short
67.9%
Long: 67.9%Short: 32.1%
Funding Rate
+0.0025%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(12:25 PM UTC)
1 min read
Bitcoin (BTC) should see new all-time highs in 2028, a trader says as $53,000 becomes an important buy-in level.
Key points:
- Bitcoin is in "as normal a four-year cycle as they come," says Bob Loukas as the timing for a bear-market bottom approaches.
- The cycle midpoint at $53,000 would be an advantageous market entry if price gets there.
- Uncertainty rules among market participants as question marks…
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