Bitcoin Analyst Sees Brief Window for Below $60K: What About XRP?
Levi Rietveld is looking at a potential window for Bitcoin (BTC) to dip below $60,000. The analyst points out that past bull and bear market durations have been relatively consistent around BTC's halving cycles. This could create an opportunity to buy in.
Rietveld notes that XRP has followed a less consistent pattern compared to Bitcoin. He argues that when Bitcoin sentiment turns defensive, altcoins like XRP are often vulnerable.
The analyst is preparing to act if Bitcoin again trades below $60,000, citing historical cycle comparisons rather than a specific macro model or token-specific catalyst. Rietveld emphasizes that nothing is guaranteed in investing and that changes in institutional participation, regulation, interest rates, and market structure could make the next cycle look different.