#BuenasnoticiasBTC Bitcoin would be in the final phase of the bullish cycle

For the analyst, the bitcoin market is in the final phase of the upward cycle, which increases both the risk and the difficulty of investment. Nevertheless, he considers that, as it positions itself in an oversold state, the probability of a rebound also increases.

"Despite the current stagnation, bitcoin and most cryptocurrencies are at oversold levels, which suggests that a rebound is not far away," emphasizes the analyst.