From the comment that #Bitcoin could touch $70,000 this year to Shytoshi Kusama revealing three new partnerships for SHIB. The following are some outstanding news on the market #crypto.
Analyst CredibleCrypto told his 343,800 Twitter followers that he expects Bitcoin to rise to a price of more than $70,000 this year, an increase of about 135% from where it is now.
However, Bitcoin could trade in a range before the big bull run he expects begins.
“The market is accumulating strength as it holds above $29,000. Bitcoin looks set to continue its correction and strong rejection on lower timeframes, so don't be surprised if the leading asset fluctuates a bit more before the big rally begins. BTC will hardly turn bearish, anything above $25,000 is a giveaway.”
The anonymous analyst said he expects Bitcoin to hit the first resistance level at a price above $100,000.
“$100,000+ is what I expected after BTC crossed previous ATH. The market will reach this level, a few months after breaking the ATH level. If this happens this year, it means BTC is likely to hit $100,000 by the end of this year or early next year.”
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