There are more and more optimistic Bitcoin predictions around the corner. Check out the latest ones below.
Bitcoin massive surge to $180k is around the corner
At the moment of writing this article, BTC is trading in the green, and the king coin is priced at $23,529.
The crypto strategist who nailed Bitcoin’s May 2021 collapse says BTC is flashing signals that suggest the king crypto is setting up for a massive move to the upside.
Pseudonymous analyst Dave the Wave said recently that multiple technical indicators are turning bullish for BTC.
“The real possibility of a large BTC move [manage risk to both sides]:
Weekly MACD [moving average convergence/divergence] in same area
Histogram as extended
Price in the lower band/ buy zone.”
The crypto strategist says that Bitcoin can explode 676% by 2024 based on his logarithmic growth curve (LGC) model.
“A technical target for BTC of $180,000 late next year…”
Bitcoin breakout is imminent
It’s been just revealed that a popular crypto analyst stated the fact that Bitcoin (BTC) could continue its uptrend as he keeps a close eye on Litecoin (LTC) and three Ethereum-based (ETH) altcoins.
Pseudonymous trader Rekt Capital said recently that he expects BTC to continue rising as long its dominance level successfully retests a key level.
“A BTC Dominance monthly close above the range high resistance could set BTCDOM up for retest. Successful retest there and BTC Dominance would revisit the black wedge top for a decision on macro trend.”
On the other hand, he also notes that it’s possible for the king crypto to go the other way if it doesn’t close above its current resistance level.
“To ensure a higher chance of breakout, BTC should ideally monthly close above the blue ~$23400 resistance. Otherwise, BTC could set itself up for a dip inside this ~$20000-$23400 range to consolidate here for a few weeks.”