Analyst Says Bitcoin Is In A ‘Healthier’ Place Now, Here’s Why

Bitcoin might be stuck in a downtrend, but fundamental analysis suggests it is in a healthy position. According to a recent analysis by crypto analyst Kaleo, Bitcoin is currently putting up healthier dynamics than it did in the previous halving cycle. This intriguing outlook for Bitcoin comes amidst the cryptocurrency’s struggle to stand firm above $54,000 and break above $57,000.
Bitcoin Is In A Healthier Place
Kaleo’s Bitcoin analysis, which was posted on social media platform X, c