The next bull market leaves base camp
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It’s certainly not official, but the green shoots of the beginning of a new crypto bull market are beginning to be seen.
The FUDish news has continued to rain down on the crypto sector. We aren’t too long after the FTX implosion, and already another domino, in the shape of crypto lender Genesis, is toppling down.
However, in the midst of the bad news crypto is starting to motor. Bitcoin is currently in fifth gear, and is plunging headlong through resistance after resistance.
The king of the cryptocurrencies put on a spurt earlier this morning and attained a price of $23,300 before pulling back to currently sit at around $22,700. The bull flag it was in was broken to the upside, which was less likely considering that the flag was slanted upwards, instead of the more typical …
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