Technical analyst The Crypto Dog just revealed to his 115k followers on Twitter that Bitcoin’s surging volume, if it is legit and sustainable, has the most important digital asset preparing for something really huge.
He said that a “raging bull market” could be on the horizon, as reported by The Daily Hodl.
According to the technical analysts, BTC has a strong potential to break through $4,000, and there’s also some renewed optimism on the short term for XRP and Ethereum as well. Below, you can see The Crypto Dog’s tweet.
Either this volume isn't representative of reality (possible, could be wash trading being calculated in here), or we're about to bust out into a raging bull market.$crypto#Bitcoinpic.twitter.com/nT7DplNVYt
The Twitter crypto community has mixed reactions to this.
Someone said “We are struggling with violent indecision, and both sides are confident, planning attacks and counter-attacks. We are in the middle of war with huge stakes. TA shows bear market should have lasted longer – although fundamental adoption has gone ballistic the last eight weeks.”
Another commenter wrote: “100% disbelief. Almost NO ONE trusts this move. No matter its strength and volume.”
Crypto experts are expecting 2019 to be a much better year for the crypto market in terms of price.
But what’s almost certain now is that we are heading towards crypto mass adoption and things are moving towards this goal at a rapid pace.