Bitcoin rally may resume, Ivan Liljeqvist predicts

Bitcoin rally may resume, Ivan Liljeqvist predicts
Bitcoin bullish momentum may be back

Ivan Liljeqvist comments on the current state of the Bitcoin market, suggesting that bullish momentum may be returning. He references several crypto-related topics in a recent commentary, including waiting for a higher high in price, algorithm changes on Twitter affecting crypto content, and developments related to MetaMask and NFTs.

Earlier this year, Liljeqvist said Bitcoin entered a strong buy zone around $62,600 as the market showed a persistent bear trend and potential for further declines, according to a recent analysis. He has also noted that growing ETF inflows have contributed to a bullish outlook for Bitcoin, alongside potential rate cuts and increased hiring activity in the crypto sector, as detailed in a separate commentary. These observations come as Liljeqvist continues to track shifts in market sentiment.

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