Last Time This Happened, Bitcoin Rallied 300%

Last Time This Happened, Bitcoin Rallied 300%



Alex Dovbnya

Bitcoin, largest cryptocurrency, might be on cusp of another significant price rally if history is any guide

Alan Farley, a private trader and frequent CNBC contributor, has an observation that might give beleaguered Bitcoin bulls a glimmer of hope.

The last time it was that heavily oversold, the largest cryptocurrency rallied by more than 500% within just five months in the first half of 2022.

BTC
Image by @msttrader

Back then, Bitcoin was coming off the brutal crypto winter…


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