Posted 12/15/2023, 8:04:26 AM
Bitcoin Poised for Rally Towards Holidays As Sentiment Shifts Bullish, Analyst Predicts
- Analyst Kevin Svenson sees bullish signs for Bitcoin, predicting a rally towards Christmas or New Year
- Bitcoin bounced off support around $40K, confirming an ascending broadening wedge pattern
- Positive news and sentiment flipping former bears to bulls will provide momentum upwards
- As denial fades, silent investors are expected to pile into Bitcoin and send prices surging
- Bitcoin is currently trading around $43K, up 5% over the last 24 hours