Following a strong end to March, anonymous analyst Rekt thinks Bitcoin (BTC) has entered bull territory. He pointed out that the monthly candle close in March was significant because it was only the third time ever that the king cryptocurrency had executed its monthly candle close above the macro downtrend. Rekt also spotted a possible trend reversal when the Q1 quarterly candle totally devoured the Q4 2022 quarterly candle. Three years ago, when BTC was trading below $10,000, was the last time a bullish engulfing quarterly candle was seen for Bitcoin.
Top Crypto Strategist Predicts Major Trend Shift for Bitcoin, Says BTC History Has Been Made