#MarketRebound The Bitcoin analyst, "PlanB", reaffirms the bullish market for BTC.
#NEWTBinanceHODLer The Bitcoin (BTC) analyst, "PlanB", noted this Monday on the social network X that the popular cryptocurrency is still in a bullish market. This, despite some investors adopting a bearish stance and opening short positions.
Additionally, PlanB argued that the current data from the crypto market contradicts a bearish outlook and points towards a bullish narrative, although patience is needed.
"Just to confirm that Bitcoin is still in a bullish market. I see some people becoming bearish and selling short, but the data tells a different story, a bullish story in my opinion. We just need a little patience," PlanB indicated on X.
It is worth noting that Bitcoin briefly fell to $99,500 during Sunday. However, this Monday BTC surged above $103,000 after Iranian attacks on U.S. bases in the Gulf.