{"headers":{"Content-Type":"application\/x-www-form-urlencoded"},"body":"source_lang=EN&target_lang=EN-GB&tag_handling=xml&split_sentences=1&preserve_formatting=1&text=Expert+Analysis%3A+Bitcoin+Might+Not+Face+Correction+Soon&text=TradingView+general+manager+Pierce+Crosby+is+bullish+about+Bitcoin+maintaining+a+positive+trajectory+despite+sideways+trading.&text=TradingView+manager+Pierce+Crosby+has+suggested+that+%3Ca+href%3D%22https%3A%2F%2Fwww.coininsider.com%2Fbitcoin-celebrities%2F%22%3EBitcoin+price%3C%2Fa%3E+might+remain+bullish+despite+the+concerns+of+a+pull-back+following+the+recent+surge+to+hit+a+record+high.%0A%0AAs+Bitcoin+surged+last+weekend+to+bag+a+new+all-time-high+of+over+%2424%2C000+USD+per+token%2C+there+are+fears+that+it+might+face+a+sell-off+from+traders+looking+to+profit%2C+resulting+in+a+drop+in+price.+However%2C+Crosby+foresees+that+the+%3Ca+href%3D%22https%3A%2F%2Fwww.coininsider.com%2Ftrading-platforms%2F%22%3Ecryptocurrency%27s+price%3C%2Fa%3E+will+continue+on+a+bullish+trajectory+to+head+upwards%3A%0A%0A%3Cem%3E%22Right+now%2C+I+see+very+near-term+headwinds+for+Bitcoin...+The+performance+recently+may+seem+parabolic%2C+but+there+are+no+near-term+negative+events+we+expect.+This+makes+for+a+bullish+base+case+on+price.%22%3C%2Fem%3E%0A%3Ch2%3EThe+case+for+a+bullish+Bitcoin%3C%2Fh2%3E%0ABitcoin+has+been+steadily+gaining+value+over+the+past+year%2C+adjusting+to+the+struggling+fiat+market.+With+the+US+dollar+battling+to+gain+and+maintain+strength%2C+the+cryptocurrency+industry+has+become+a+popular+hedge+asset.+Bitcoin+price+surged+to+crack+a+record+high+at+the+beginning+of+December+to+crack+%2420%2C000+USD+and+two+weeks+later+it+exploded+to+reach+yet+another+record+high+of+%2424%2C000+USD.+Although+these+levels+are+unprecedented+and+the+price+of+Bitcoin+could+go+in+any+direction%2C+Crosby+believes+that+it+will+continue+heading+up.%0A%3Ch2%3EUncertainty+about+the+altcoin+market%3C%2Fh2%3E%0AWhile+Crosby+might+be+bullish+about+Bitcoin%2C+the+TradingView+general+manager+is+uncertain+about+what+altcoins+might+do.+This%2C+referring+to+the+leading+altcoins+in+the+cryptocurrency+market+as+well+as+the+ones+with+a+smaller+market+cap.+He+suggested+that+Bitcoin+is+in+a+strong+place+but+is+not+so+certain+about+the+%22majors%22+%28the+leading+altcoins%29+offering%3A%0A%0A%3Cem%3E%22Altcoins+I+have+less+confidence+in%2C+especially+as+the+rotation+into+%E2%80%98majors%E2%80%99+happens.+We+could+expect+a+rotation+back+to+alts+in+the+spring%2C+but+unfortunately+for+%E2%80%98alt+lovers%2C%E2%80%99+Bitcoin+is+on+a+stronger+footing+relatively+speaking.%22%3C%2Fem%3E","timeout":15}