-Bitcoin news, price, information & analysis Determining the future direction of Bitcoin price is always a gamble. Technical analysis can help people gauge what the market is trying to achieve.

According to Dan Morehead of Pantera Capital, this is the moment when the trend will turn bullish. Now is an “excellent” buy opportunity, in his opinion, as the bear market seems over.

Every single year, Bitcoin sees its up and downs. Such cycles are inevitable in the financial world, especially when dealing with speculative assets.

For Bitcoin, the most recent bear market seems to be coming to an end. Those are the findings of Pantera Capital CEO Dan Morehead.

The low of $6,500 is the proverbial bottom for Bitcoin for the foreseeable future. Additionally, it seems now is still a good time to buy. Read more from newsbtc.com…

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