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Analyst lists 21 factors calling for Bitcoin price upside — But just 4 bearish signals

Published 12/16/2021, 04:57 AM
Updated 12/16/2021, 06:40 AM
© Reuters.
BTC/USD
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BTC/USD
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Bitcoin (BTC) traders may be experiencing some “extreme panic,” but one analyst argues that practically all the technical metrics point to price upside.

Speaking to Cointelegraph on Dec. 16, Filbfilb, co-founder of trading platform Decentrader, listed more than 20 signs that bullish momentum should be next for Bitcoin.

Crypto Fear & Greed Index. Source: Alternative.me
BTC/USD 1-day candle chart (Bitstamp) with 50-, 100- and 140-day moving averages. Source: TradingView

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