Is This Bitcoin’s Last Big Drop? Expert Points To Key Indicator

Q: How long will it take to read this news story?

The story "Is This Bitcoin’s Last Big Drop? Expert Points To Key Indicator" has 511 words across 74 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Is This Bitcoin’s Last Big Drop? Expert Points To Key Indicator" was covered 11 hours ago by NewsBTC, a news publisher based in United Kingdom.

Q: How trustworthy is 'NewsBTC' news outlet?

NewsBTC is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news. The outlet is headquartered in United Kingdom and publishes an average of 6 news stories per day. It's most recent story was published 13 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #22863869</li><li>URL: https://beamstart.com/news/is-this-bitcoins-last-big-17279620483308</li></ul>

NewsBTC Logo NewsBTC 11h ago

Is This Bitcoin’s Last Big Drop? Expert Points To Key Indicator - NewsBTC

Quick Summary:

In his latest video analysis titled "BITCOIN’S One Indicator Signaling LAST Major Dip,” Dan Gambardello, a noted crypto analyst with 370,000 subscribers on YouTube, delves into the latest price action of Bitcoin to forecast what could potentially be the final major dip.

There could be some type of capitulation in the very short term, but I think there could be a very strong bounce after that happens,” Gambardello noted, suggesting that despite the immediate market turmoil following the Israel-Iran conflict news, the fundamentals point towards an eventual robust recovery.

Drawing parallels to historical data, Gambardello highlights the behavioral trends of Bitcoin in previous Octobers, noting a pattern of initial declines followed by strong recoveries by the end of the month.