Extreme Fear Signals Possible Bitcoin Rally: Trader Claims

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Rastani’s study of past Bitcoin death crosses shows most aligned with major bottoms, reinforcing his bullish view.

Veteran analyst Alessio Rastani is making a bold call, saying that Bitcoin (BTC) is setting up for a powerful upward move. He gave the optimistic outlook with the flagship cryptocurrency trading at around $91,000, up more than 6% in the last seven days, but almost 28% away from its October all-time high (ATH) above $126,000.

The trader’s conviction is rooted in a combination of a classic technical signal and overwhelming negative sentiment, which he believes are creating the perfect conditions for a rebound.

Why Rastani Still Expects a Bounce
Speaking in a recent interview, Rastani said many traders are “jumping the gun” by calling a bear market based only on timing models and the sharp pullback from the October ATH. In his view, the price structure and sentiment tell a different story.


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