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Philip Swift

Bitcoin bear market will last ‘2-3 months max’ —Interview with BTC analyst Philip Swift

Bitcoin (BTC) may see more pain in the near future, but the bulk of the bear market is already “likely” behind it. That is one of many conclusions from Philip Swift, the popular on-chain analyst whose data resource, LookIntoBitcoin, tracks many of the best-known Bitcoin market indicators. Swift, who together with analyst Filbfilb is also a co-founder of trading suite Decentrader, believes that despite current price pressure, there is not long to go until Bitcoin exits its latest macro downtrend. In a fresh interview with Cointelegraph, Swift revealed insights into what the data is telling analysts — and what traders should pay attention to as a result. How long will the average hodler need to wait until the tide turns and Bitcoin comes storming back from two-year lows? Cointelegraph (CT): ...