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Although it may be easy to cast aside the above data as pure coincidence, other prominent analysts expect Bitcoin to resume its bull run to fresh all-time highs, above $20,000, in 2020.

According to Willy Woo, partner at cryptocurrency fund Adaptive Capital and a noted on-chain analyst, his indicators which track investor activity  correlated closely with market cycles are showing clear signs that Bitcoin is decisively not in a bear market.

We are in the re-accumulation phase of a bull market.

@TradeCryptoNow