Trader Credible Sgurto believes that in 30 days after the beginning of the next impulse bitcoin can reach the $100,000 mark.
He highlighted the previous #bitcoin☀️ momentum, which resulted in the price of the leading cryptocurrency rising from $38,514 to $73,805. Notably, this first momentum lasted 50 days, with a 91% increase from January 23 to March 13.
Credible Sgurto's forecast is based on the #Elliottwave Theory, which is popular among technical analysts when analyzing trends. According to the theory, a #BullMarkets consists of five waves, three of which are “impulsive”. Usually, the third wave is the most aggressive and provides higher profits in a shorter period of time.
