Bitcoin has been moving in the consolidation range as whole crypto community waits for the next big move in Bitcoin price.
While at the same Time, glassnode Reports that bitcoin Hodlers reach Record high as 64% of Bitcoin supply haven’t been Moved in 1 Year.
Despite the Good news, Bitcoin Dips below $39,000 while getting back up to $39,400. While, Most of Crypto Twitter Community Remains Bullish expecting a positive movement in price very soon. The Bitcoin Fear & greed Index Currently at 24 indicating Extreme Fear in the market
Crypto Trader Johnny Woo Predicts further Correction
Johnny woo, well known Crypto Trader Tweeted today about the further price correction in Bitcoin
“I believe the #Bitcoin correction phase will be extended until the end of the year, and the new three years bullish rally will begin in Dec 2022, and we won’t see the top of the next cycle until Oct 2025 Accumulate $BTC and other good #altcoins at these low prices and #HODL them”