The first quarter of 2023 was very bullish for Bitcoin, with the number one cryptocurrency gaining 72.4% for the quarter. Things changed as Bitcoin experienced a small retracement in the second quarter, followed by weeks of consolidation.
However, a popular crypto analyst has predicted the end of sideways trading. The analyst says he foresees a â€˜bonkers* bull run for Bitcoin and TradeCurve, which are rapidly gaining popularity among investors in the crypto space.
Crypto Analyst James Mullarney Forces Bonkers Bitcoin Bull Run
James Mullarney, the popular crypto analyst behind the YouTube channel “Invest Answers,” has predicted that Bitcoin is coming to the end of its consolidation phase. Mullery foresees a bonkers bull run for Bitcoin if two key indicators converge.
The crypto analyst explains that a “golden cross” will form for Bitcoin if the 50-week moving average (MA) crosses above the longer-term 200-week moving average (MA). A golden cross is a bullish signal that often follows a prolonged bull run. Other analysts’ reports confirm the prediction that Bitcoin may be in the early stages of its next major bull market.
According to Mullarney, Bitcoin could form a golden cross in August of this year, marking the start of a months-long bonkers bull run. The crypto analyst also gave his bullish forecast on emerging DeFi project Tradecurve.
The tradecurve can guide the next bull market
While Bitcoin is primed for a bonkers bull run, the analyst predicted that TradeCurve will drive the entire crypto market into gains during the bull cycle. TradeCurve’s belief in market potential is rooted in a trading platform that can revolutionize the cryptocurrency exchange space by introducing derivatives trading of global financial instruments alongside crypto.
Exchange platforms like Binance and Coinbase offer derivatives in the form of crypto options and futures, but Tradecurve will expand that to include instruments from traditional financial markets. Derivatives, backed by traditional financial instruments, allow TradeCurve to tap into one of the largest global markets with a notional value of $632 trillion, according to the Bank for International Settlements.
Operating in a market of this size gives TradeCurve the potential to match or surpass Bitcoin’s liquidity as the trading platform’s market share grows. High liquidity means that the tradecurve has a better chance of inflation and stability. In this possibility, the crypto analyst predicted that the Tradecurve (TCRV) price will outperform the entire crypto market in the next bull cycle.
TradeCurve is predicted to trade up to 50x during presale and up to 100x when the trading platform is launched. Tradecurve is currently trading at $0.015, a 100x price jump could see the token sell for $1.5 and enter the top 100 cryptos ranked by market cap before the end of 2023. Smart investors entered TradeCurve early and bought millions of TCRV tokens.
For more information on TradeCurve (TCRV) presale visit the links below:
Buy Presale: https://app.tradecurve.io/sign-up
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