Bitcoin has been on the rise lately, and crypto strategist Rekt believes that it has officially entered the bull market. After 16 months of being in the bearish phase, Bitcoin’s longer-term trend is now looking bullish. Rekt, who has a large following on Twitter, made this assessment after tracking the king crypto’s recent movements. This news comes as Bitcoin recently broke the $12,000 mark, bringing about cautious optimism in the crypto world. While there is still a lot of volatility, many investors are hoping that the trend will continue upward.
Bitcoin Enters Bull Territory, Says Analyst
Crypto strategist Rekt believes that Bitcoin has entered bull territory, concluding its 16-month bearish phase.
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