The bullish trend isn’t going to be for at least a few more months, according to a technical expert from Fundstrat Global Advisors. He holds that time is needed for the market to recover the technical damage developed through the year.
Bulls Will Have to Wait
At the time of writing this, Bitcoin (BTC) 00 marks a slight decrease of less than one percent for the last 24 hours. The market’s leader also managed to stand its ground for the last week as.
However, having peaked at around $ 7,400 earlier in September, the cryptocurrency trades about 13 percent below its monthly high.