Interview with crypto analyst Philip Swift: Bitcoin bear market will last ‘2-3 more months max’
Join Our Telegram channel to stay up to date on breaking news coverage Although the majority of the bear market is already likely behind Bitcoin, it may still see more suffering in the near future. Philip Swift, a well-known on-chain analyst whose data source, LookIntoBitcoin, analyzes several of the most well-known Bitcoin market indicators, has come to various conclusions, including this one. Swift, who co-founded trading platform Decentrader with analyst Filbfilb, thinks that despite the present price pressure, Bitcoin will soon break out of its most recent macro downturn. Swift provided new insights into what the data is showing experts and what traders should pay attention to in a new interview with Cointelegraph. How long will the average hodler need to wait until the tide turns and Bitcoin comes storming back from two-year lows? You’ve pointed out that some on-chain metrics such as HODL Waves and RHODL Ratio are hinting at a BTC bottom. Could you expand on this? ...