If this is true, Bitcoin will soon exit the bear market
After the last price correction on 16 August, Bitcoin’s [BTC] price settled around the $26,000 mark. While several investors remained bearish on the market condition, BTC might be planning a silent exit from its current price trend.
According to CoinMarketCap, BTC’s price dropped by more than 1.5% in the last 24 hours. At press time, it was trading at $26,090.91 with a market capitalization of over $507 billion.
However, the bearish price trend might end soon. Tedtalksmarco, a popular crypto influencer, recently posted a tweet highlighting an interesting development.
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$BTC