Crypto Youtubers Predict Bitcoin Bottom and Bear Market Cycle
Summary
Prominent crypto YouTubers Carl Runefelt and David Wulschner argue that Bitcoin's bear market bottom likely occurred around $60,000. They contend that this cycle lacks the speculative mania and retail euphoria typically seen before deep 80% drawdowns. Supported by institutional accumulation from figures like Michael Saylor and technical analysis similar to Benjamin Cowen’s "apathy" thesis, they view the current price range as a strong accumulation zone, provided no major black swan events occur.
(Source:BeInCrypto)