Bitcoin Price ‘Terminal Shakeout’ Could Spark 2017 Style Bull Run, Analyst

Bitcoin should experience a “terminal shakeout” similar to 2015 before a new bull market explodes higher, a veteran analyst has concluded. Shakeout Should Precede Parabolic Advance In a series of tweets on October 9, Cole Garner said that the protracted price slump Bitcoin saw in 2015 had not yet occurred in the current cycle.  For BTC/USD to break out of its current sideways action, a period of lows must likewise ensue first, he argued. Garner … Continue reading Bitcoin Price ‘Terminal Shakeout’ Could Spark 2017 Style Bull Run, Analyst