The crypto market looks good today with Bitcoin and the most important coins trading in the green.
At the moment of writing this article, BTC is trading at $10,959.21.
Bitcoin made a lot of waves in the crypto market these days after the king coin was able to eventually hit $10k once again and then it surged over $11k.
The online publication the Daily Hodl mentions crypto strategist Peter Brandt who said that Bitcoin appears to be setting up for a big move that will boost the coin to a new all-time high.
Bullish predictions for Bitcoin and XRP
He told his Twitter followers that he’s seeing BTC ending the multi0year bear market and it’s on its way to a surge of 400%.
That is actually where my head is. Massive symmetrical triangle in $BTC points to ATHs, then $50k
— Peter Brandt (@PeterLBrandt) July 25, 2020
He also said that he believes that there’s the possibility of a long-awaited breakout for XRP.
Yup, $XRPBTC forming a possible inverted H&S bottom. Maybe Ripple Labs, the bag holder, will be able to pull a cat out of the bag. pic.twitter.com/t2VXULTYz8
— Peter Brandt (@PeterLBrandt) July 25, 2020
Elliott wave analyst Benjamin Blunts, the crypto strategist who accurately called the BTC bottom in 2018 also sees a bullish future for XRP.
xrp breaking out of multi month downtrend =)
free money, $589 maximalist pic.twitter.com/F9G8zGFE0x
— 🍄🌲Benjamin Blunts🌲🍄 (@SmartContracter) July 8, 2020
At the moment of writing this article, XRP is trading in the green and the coin is up by more than 8% in the past 24 hours.
Another bullish prediction came from Dave the Wave who said that Bitcoin would eventually break out of the range that’s been in for a few months and launch a new cycle.
He believes that BTC will surge to $100,000 before the end of 2022.
There have been all kinds of bullish predictions about the price of BTC especially after the May halving.
