Despite its low price, Merten believes Bitcoin will eventually rise.

Despite Bitcoin’s (BTC) recent poor performance, a well-known cryptocurrency analyst predicts that the world’s largest cryptocurrency by market capitalization will soon begin to turn things around.

A famous cryptocurrency expert, Nicholas Merten, recently stated on his YouTube channel that the top asset class has lately flashed a historical indicator, which is always followed by a price increase.

According to Merten, who has over 500,000 YouTube subscribers, Bitcoin’s recent price drop provided possibilities for numerous traders, resulting in an increase in trading activity.
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