Is Bitcoin’s new bullish cycle on the horizon? Dan Kraken hero looks into BTC orbit

Dan held, director of Growth Marketing at crypto exchange cracking, predicts what will happen with bitcoin in 2021.

In the new issue of the report on the activities being carried out, kraken’s executive director attributes the 2013 bull cycle to the catapult of bitcoin (BTC) in “main visibility.”

“That [bitcoin] year [2013] started at $ 13, peaked at $ 260, then dropped to $ 80 about 6 months before winter when it rose again to $ 1200.”

 
In 2021, conditions for bitcoin will change drastically, citing more BTC owners, a large trading infrastructure and regulatory structure, Held said. However, according to held, bitcoin’s current price movement appears to mimic the price movement of almost a decade ago.

“As you can see, it’s like an intense first bull run, then a long retreat, finally the last bull run.”

Source: Dan Held
Held said that as Bitcoin closely followed developments in 2013, the flagship cryptocurrency would slow slightly before rising in the final quarter of 2021.

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Is the message Bitcoin’s new bullish cycle on the horizon? The protagonist of Dan Kraken looks into the trajectory of BTC, which first appeared in the Daily HODL.

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