Bitcoin’s recent pullback from its all-time high has drawn comparisons to the 2022 bear market, but one analyst argues the similarities are only skin-deep. TexasWest Capital CEO Christopher Inks says the current decline represents a completed positioning washout rather than a structural breakdown. His technical roadmap suggests a base-building phase may be underway instead of continued collapse.
about Bitcoin's 2024 Drop Differs From 2022 Crash, Analyst SaysChristopher Inks
1 posts last weekBitcoin Technical Analysis Signals Next Major Rally Setup
Bitcoin is showing strong technical signals suggesting the recent correction may have set the stage for the next major rally. Multiple analysts point to bullish formations and intact market structure that could propel BTC toward new all-time highs. The underlying momentum remains positive despite short-term volatility, with key technical indicators aligning to suggest the recent pullback was merely fuel for the next upward leg.
about Bitcoin Technical Analysis Signals Next Major Rally Setup