Crypto Analyst Predicts Major Cycle Bottom in Bitcoin

A recent surge in Bitcoin's price has sparked questions about whether it's the start of a new bull run or just another brief upswing.

Crypto analyst CrypFlow has weighed in with their technical analysis, suggesting that Bitcoin may be forming a major cycle bottom. This would imply that the cryptocurrency is preparing for a significant upward trend.

The analyst points to a multi-year trendline that has held since 2018 as key support. Currently, Bitcoin's price is sitting right on top of this structure, indicating a potential base-building process.