MultiversX Tracker is Live!

Bitcoin has a 75% chance of short-term rally, says trader Alessio Rastani

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 8 Views

Veteran trader Alessio Rastani breaks down his bullish outlook for Bitcoin in the coming months in a new Cointelegraph interview.

With Bitcoin sliding from its recent all-time high and market sentiment sinking into extreme fear, many investors are convinced the bull run is over. While social media is filled with predictions of a deep bear market and analysts claiming the next true bottom won’t arrive until 2026, trader Alessio Rastani sees a different picture.

In an interview with Cointelegraph, Rastani explains why the recent drop may not signal the start of a prolonged bear cycle. Instead, he argues that the data points to a historically recurring setup that has preceded strong rallies roughly 75% of the time.

According to Rastani’s charts, this setup has appeared after several past death cross events, the same pattern that many traders wrongly interpret as a bearish omen.

Read more


Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.



Comments