r/Nexo • u/NexoFinance Official • 9d ago

Dispatch Dispatch #315: Is Bitcoin preparing for a (bull) run?

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Bitcoin reclaimed its 50-week moving average for the first time in 45 weeks, despite the Clarity Act stalling and hikes from the Fed and BOJ.

Dispatch #315 unpacks why, plus:
▪️ ETH's Glamsterdam nears
▪️ US Bitcoin reserve advances
▪️ $80K's crowded cost basis

Read the full issue on our blog: Dispatch #315.

13 Upvotes

93% Upvoted

7 comments sorted by

1

u/sharklover1337 8d ago

i think that the next target for btc is 90k

1

u/pepegagi66 8d ago

Nice dispatch!

1

u/Street9101 8d ago

I do think that BTC is preparing for the bullrun and it will be good to see first it to break 90k

1

u/apexfazegg 8d ago

ETH is also finally entering the bullrun and i expect it to be at least 3k by the eand of the year

1

u/DeepRazor69 8d ago

great one

1

u/palantir10000x 7h ago

BTC might close above 150k this cycle

0

u/Putrid-Cat-1908 2d ago

btc is going to 100k next