Ansem: Bitcoin needs to return above $112,000, otherwise we won't see a bull run.

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On October 19, crypto KOL Ansem posted that, looking at the weekly charts of XRP, SOL, and ETH, I simply cannot be optimistic about this market, compounded by the fact that BTC's price has dropped below the peak of 2024. I don't see signs of a bull run; instead, I see the end of momentum and a decline in prices. There are no new stories in the market, and MSTR is also peaking in November 2024, with the ETH/BTC Exchange Rate having risen as it does at the end of each cycle. The only thing that could change my mind is if Bitcoin returns to above $112,000.

BTC0.41%
XRP0.21%
SOL1.77%
ETH1.31%
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