witnessed a considerable price correction last week, sparking fear among investors. But things might take a U-turn soon, as there were chances of a trend reversal. This seemed to be the case as BTC was mimicking its 2017 price trend., BTC was down by more than 6% in the last seven days, pushing its price once again under the $67k mark.
Meanwhile, Milkybull, a popular crypto analyst, recently posted a tweet highlighting an interesting development. As per theThe tweet revealed that BTC’s price was about to reach a market bottom, after which, if history repeats itself, BTC’s price might kickstart a bull rally.There was even more good news. AMBCrypto’s analysis of Glassnode’s data also revealed a bullish indicator.
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