Acclaimed Crypto Analyst Believes BTC is in a Micro Bull Run
- Jessica Doosan thinks the current Bitcoin rally represents a micro bull run.
- Micro bull runs are preparatory stages ahead of a classic bullish trend.
- Doosan suggests traders adopt a holistic approach, combining news and charts analysis during forecasts.
Jessica Doosan, an acclaimed crypto analyst, and investor thinks the current price rally represents a micro bull run, one of the preparatory steps ahead of a classic bull market. Doosan identified the fundamental factors behind the rally, backing them with a chart analysis that could guide traders in understanding price development.
Doosan notes the cryptocurrency market follows a pattern. According to her, in a bull run, a selection of four or five top cryptocurrencies pump 30% to 40%, followed by profit booking. While the pumped batch consolidates, another set takes over as the pattern repeats in cycles.
Behind such price movements are fundamental factors from mainstream economic policies, some of which Doosan outlined. According to her, feeders from the world’s major markets are affecting the current development of the crypto market. She also notes that the world’s major economies are taking measures…
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