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Bitcoin’s Year-End Prospects Look Highly Bullish Says On-Chain Analyst Will Clemente
Summary: On-chain analyst William Clemente says Bitcoin’s (BTC) outlook for the latter half of this year remains highly bullish. In Blockware Intelligence’s latest report, Clemente says that in the immediate short term, Bitcoin could see a pullback before any bullish momentum continues. On the other hand, Bitcoin’s longer-term prospects look significantly bullish for a number of ...
On-chain analyst William Clemente says Bitcoin’s (BTC) outlook for the latter half of this year remains highly bullish. In Blockware Intelligence’s latest report, Clemente says that in the immediate short term, Bitcoin could see a pullback before any bullish momentum continues. On the other hand, Bitcoin’s longer-term prospects look significantly bullish for a number of reasons, according to Clemente.
The analyst says that the amount of Bitcoin that LTHs (long-term holders) have acquired is at all-time highs, which could be a sign that a supply shock along with a subsequent price spike could be on the horizon.
By Amy Liu
Tags: Bitcoin,Prospect,Will Clemente
Link: Bitcoin’s Year-End Prospects Look Highly Bullish Says On-Chain Analyst Will Clemente [Copy]
