- The crypto market is currently experiencing a “disbelief” rally, according to Ali.
- Ali noted that the current crypto market rally would soon correct.
- A correction would push Bitcoin’s price to $35,000, or at most $30,000.
The crypto market is currently experiencing a “disbelief” rally, according to Ali, the renowned crypto analyst. In a post on X (formerly Twitter), the analyst used the Wall Street Cheat Sheet market cycle analogy to assert that the current crypto market rally would soon correct.
Keep in mind, the current “disbelief” rally will face skepticism, leading to a market correction that energizes the bears to say “I told you so.”However, the upcoming correction will be just a brief phase. What follows is a bull run with significant upside potential! pic.twitter.com/8YpkGSnesn
— Ali (@ali_charts) November 11, 2023
Ali noted that the crypto market’s current state will face skepticism, leading to a price correction that energizes the bear to say, “I told you so.” However, he predicted that the upcoming Bitcoin price correction would be a brief phase that would precede a bull run with significant upside potential.
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