Crypto analyst Tyler Swope says that despite Bitcoin (BTC) dropping 50% from all-time highs, the Bitcoin bull market is still solid.
The Chico Crypto server said it was following the work of emerging on-chain analysts who announced long-term bullish signals for Bitcoin to 244,000 YouTube subscribers.
The analyst also points to the top post in the Bitcoin subreddit series highlighting four key signals of a bull market peak. According to Swope, we have not yet entered a bear market based on four main indicators.
Coming to the current phase of the bull market, Swope believes that Bitcoin is currently underlying the next leg.
Hello there! My name is Oktay from Tokensboss editors. I introduce myself as a business graduate and writer. I have been doing research on cryptocurrencies and new business lines for over 2 years.