Is Bitcoin repeating its 2020 breakout? Is Tesla buying BTC? And is altseason upon us? episode artwork

EPISODE · Mar 8, 2024 · 11 MIN

Is Bitcoin repeating its 2020 breakout? Is Tesla buying BTC? And is altseason upon us?

from Rise’n’Crypto · host Сointelegraph

There is a hidden theme in today’s episode — history repeating itself. Since the correction following Bitcoin’s all-time high, many analysts have demonstrated that the shape of the current market mirrors the 2020 breakout in many ways. But is that creating something of a trap for investors? Elsewhere, Tesla might be buying BTC again, data suggests altseason is close, and the X community is still optimistic about the metaverse.Further reading:Is Bitcoin repeating its 2020 breakout? Here’s why $92.5K might be the next targetBTC price needs 5% dip to liquidate $2B of Bitcoin longsBlackRock wants to buy spot Bitcoin ETFs for global allocation fundIs Tesla buying Bitcoin again? BTC wallet data sparks curiosityAltseason is coming — Or at least data suggests that it’s closeMajority of social media posts about metaverse show positive sentimentSo, grab yourself a coffee, and let’s get into it!Rise’n’Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn. Cointelegraph’s Twitter: @CointelegraphCointelegraph’s website: cointelegraph.comThe views, thoughts and opinions expressed in this podcast are its participants’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast’s participants may or may not own any of the assets mentioned. 

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There is a hidden theme in today’s episode — history repeating itself. Since the correction following Bitcoin’s all-time high, many analysts have demonstrated that the shape of the current market mirrors the 2020 breakout in many ways. But is that creating something of a trap for investors? Elsewhere, Tesla might be buying BTC again, data suggests altseason is close, and the X community is still optimistic about the metaverse. Further reading: Is Bitcoin repeating its 2020 breakout? Here’s w...

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Is Bitcoin repeating its 2020 breakout? Is Tesla buying BTC? And is altseason upon us?

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