Dec 23, 2019
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What Bear Market? Why Bitcoin is Ready to Enter Next Bull Phase

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Bitcoin hasn’t done over the past few months. Since peaking near $14,000 in June of this year, the price of the leading cryptocurrency has fallen off by 50%, tumbling under the pressure of an overextended market and bulls taking profit.

For some reason or another, there are analysts that expect this pain to persist, citing an array of technical and fundamental factors — like the existence of the PlusToken scam dumping BTC and ETH on the open market — some are starting to conclude that it is only a matter of time before Bitcoin reverts to a bull phase.

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