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Top Trader Who Nailed 2018 Bitcoin Bottom Outlines BTC Roadmap to $60,000 – Here’s His Timeline
A trader who accurately called Bitcoin’s (BTC) 2018 bear market bottom is laying out a price path to $60,000 for the crypto king.
Pseudonymous analyst Bluntz tells his 229,700 followers on the social media X platform that Bitcoin looks really bullish as it is in the midst of a wave three rally.
Bluntz practices the Elliott Wave theory, a technical analysis method that attempts to predict future price action by following crowd psychology that tends to manifest in waves. According to the theory, a bullish asset goes through a five-wave uptrend with the third wave representing the longest leg up.
Says Bluntz,
“Yeah, I’m running with the extended wave three currently underway. Fairly sure Credible Crypto is as well.”
Looking at the trader’s chart, he appears to predict that BTC will end its wave-three rally at $50,000 before a wave-four correction down to $42,500. The chart also shows Bitcoin hitting $60,000 for the fifth and final wave before September 2024.
#BTC #BitcoinPrediction #BTCpredictions #BTCRally $ETH $BTC $BNB
A trader who accurately called Bitcoin’s (BTC) 2018 bear market bottom is laying out a price path to $60,000 for the crypto king.
Pseudonymous analyst Bluntz tells his 229,700 followers on the social media X platform that Bitcoin looks really bullish as it is in the midst of a wave three rally.
Bluntz practices the Elliott Wave theory, a technical analysis method that attempts to predict future price action by following crowd psychology that tends to manifest in waves. According to the theory, a bullish asset goes through a five-wave uptrend with the third wave representing the longest leg up.
Says Bluntz,
“Yeah, I’m running with the extended wave three currently underway. Fairly sure Credible Crypto is as well.”
Looking at the trader’s chart, he appears to predict that BTC will end its wave-three rally at $50,000 before a wave-four correction down to $42,500. The chart also shows Bitcoin hitting $60,000 for the fifth and final wave before September 2024.
#BTC #BitcoinPrediction #BTCpredictions #BTCRally $ETH $BTC $BNB
🚀🚀🚀Here are some Bitcoin (BTC) price predictions from different analysts for the next few years:🔥🔥🚀🚀
CoinCodex: $40,872 by November 10, 2023; $65,000 by the end of 2024
TradingBeasts: $38,000 by the end of 2023; $50,000 by the end of 2024 💯💯💯
WalletInvestor: $45,000 by the end of 2023; $68,000 by the end of 2024 🔥🔥🔥
DigitalCoinPrice: $49,000 by the end of 2023; $62,000 by the end of 2024 🎯🎯🎯
Arcane Research: $50,000 by the end of 2023; $75,000 by the end of 2024 🚀🚀🚀
Bloomberg Intelligence: $100,000 by the end of 2025 👍👍👍
Fundstrat Global Advisors: $200,000 by the end of 2025 👀👀👀
Pantera Capital: $500,000 by the end of 2025
SkyBridge Capital: $1 million by the end of 2026 🤫🤫🤫
What you think? Share your analysis in the comments. 👀👀👀
***Source google bard.
#BTCRally #BTCMove #BTC🔥🔥 #Bitcoin_Talk #BitcoinInfluence $BTC
CoinCodex: $40,872 by November 10, 2023; $65,000 by the end of 2024
TradingBeasts: $38,000 by the end of 2023; $50,000 by the end of 2024 💯💯💯
WalletInvestor: $45,000 by the end of 2023; $68,000 by the end of 2024 🔥🔥🔥
DigitalCoinPrice: $49,000 by the end of 2023; $62,000 by the end of 2024 🎯🎯🎯
Arcane Research: $50,000 by the end of 2023; $75,000 by the end of 2024 🚀🚀🚀
Bloomberg Intelligence: $100,000 by the end of 2025 👍👍👍
Fundstrat Global Advisors: $200,000 by the end of 2025 👀👀👀
Pantera Capital: $500,000 by the end of 2025
SkyBridge Capital: $1 million by the end of 2026 🤫🤫🤫
What you think? Share your analysis in the comments. 👀👀👀
***Source google bard.
#BTCRally #BTCMove #BTC🔥🔥 #Bitcoin_Talk #BitcoinInfluence $BTC
BTC/USDT ANALYSIS 🤔
BTC pumped with a good volume after the breakout of the ascending triangle. Currently, it is facing horizontal resistance. A solid breakout of the horizontal resistance would be the further bullish confirmation. In case of a retracement, it will retest the triangle.
#BTC #BTCRally $BTC
BTC pumped with a good volume after the breakout of the ascending triangle. Currently, it is facing horizontal resistance. A solid breakout of the horizontal resistance would be the further bullish confirmation. In case of a retracement, it will retest the triangle.
#BTC #BTCRally $BTC
LIVE
X Imtiazzavi
--
Haussier
$BTC #BTC🔥🔥
I already made you guys aware what you are about to see. I was right again. I'll be waiting to see 44k and i will be right again. You can keep whining but our motive is to keep printing 💸💸
Choose wisely whom you should blindly follow. There are a lot of feed creator's who keeps on posting thousands of signals and mostly they are trash!
I already made you guys aware what you are about to see. I was right again. I'll be waiting to see 44k and i will be right again. You can keep whining but our motive is to keep printing 💸💸
Choose wisely whom you should blindly follow. There are a lot of feed creator's who keeps on posting thousands of signals and mostly they are trash!
#BTC Navigating the Future: Insights into the Path of Bitcoin.
In the ever-evolving landscape of cryptocurrencies, Bitcoin continues to be a focal point, captivating both seasoned investors and newcomers alike. As we peer into the future of Bitcoin, several trends and developments stand out on the horizon.
1. Institutional Adoption: The gradual acceptance of Bitcoin by institutional investors has been a defining trend. Major corporations and financial institutions are increasingly recognizing the potential of Bitcoin as a store of value and a hedge against inflation.
2. Regulatory Developments: The regulatory environment surrounding Bitcoin is evolving, with governments around the world working to establish clearer frameworks. Striking a balance between innovation and consumer protection will likely shape the regulatory landscape and influence Bitcoin's trajectory.
3. Technological Advancements: Ongoing technological developments, such as the implementation of the Lightning Network, aim to address scalability issues and enhance transaction speed. These advancements are crucial for Bitcoin's broader adoption and utility.
4. Global Economic Uncertainty: Bitcoin's decentralized nature positions it as a potential safe haven asset in times of economic uncertainty. As geopolitical tensions and economic fluctuations persist, Bitcoin may see increased interest as a form of financial resilience.
5. Environmental Concerns: The environmental impact of Bitcoin mining has come under scrutiny. The industry is responding with initiatives to make mining more sustainable. How successfully these efforts are implemented will likely influence Bitcoin's perception and adoption.
While the future of Bitcoin holds promise, it's essential to approach its trajectory with a balanced perspective. As the cryptocurrency ecosystem continues to mature, staying informed about market trends, regulatory changes, and technological innovations will be key to navigating the dynamic landscape of Bitcoin's future.
Like and share for more Insights.#BTCRally
In the ever-evolving landscape of cryptocurrencies, Bitcoin continues to be a focal point, captivating both seasoned investors and newcomers alike. As we peer into the future of Bitcoin, several trends and developments stand out on the horizon.
1. Institutional Adoption: The gradual acceptance of Bitcoin by institutional investors has been a defining trend. Major corporations and financial institutions are increasingly recognizing the potential of Bitcoin as a store of value and a hedge against inflation.
2. Regulatory Developments: The regulatory environment surrounding Bitcoin is evolving, with governments around the world working to establish clearer frameworks. Striking a balance between innovation and consumer protection will likely shape the regulatory landscape and influence Bitcoin's trajectory.
3. Technological Advancements: Ongoing technological developments, such as the implementation of the Lightning Network, aim to address scalability issues and enhance transaction speed. These advancements are crucial for Bitcoin's broader adoption and utility.
4. Global Economic Uncertainty: Bitcoin's decentralized nature positions it as a potential safe haven asset in times of economic uncertainty. As geopolitical tensions and economic fluctuations persist, Bitcoin may see increased interest as a form of financial resilience.
5. Environmental Concerns: The environmental impact of Bitcoin mining has come under scrutiny. The industry is responding with initiatives to make mining more sustainable. How successfully these efforts are implemented will likely influence Bitcoin's perception and adoption.
While the future of Bitcoin holds promise, it's essential to approach its trajectory with a balanced perspective. As the cryptocurrency ecosystem continues to mature, staying informed about market trends, regulatory changes, and technological innovations will be key to navigating the dynamic landscape of Bitcoin's future.
Like and share for more Insights.#BTCRally
Key Reasons Why Bitcoin (BTC) Price Has Just Hit New 2023 Peak.
The $40,000 mark is now within reach for bulls after the largest cryptocurrency reached yet another all-time high.
The Bitcoin (BTC) price has reached an 18-month high, with its price climbing to $38,707 after recording a 2.5% gain.
This recent spike in the cryptocurrency's value is attributed to several key factors, including the optimistic views of influential investors and changing economic conditions.
The flagship cryptocurrency is now up by more than 130% on the year-to-date basis. Prominent billionaire and crypto enthusiast Mike Novogratz remains bullish about Bitcoin's future. One of the main catalysts he identifies is the anticipated approval of a spot Bitcoin ETF. He believes that if major financial institutions like BlackRock and Fidelity increase Bitcoin adoption, the cryptocurrency's price could soar significantly higher.
Novogratz's optimism is shared by many in the crypto community who see institutional adoption as a crucial step towards mainstream acceptance of Bitcoin.
Bond investors are increasingly anticipating Federal Reserve interest rate cuts by the first half of 2024, in response to signs of slowing U.S. economic growth and easing inflation. The Federal Reserve is expected to cut interest rates six times in 2024, as predicted by ING Economics. This forecast is based on moderating inflation, a cooling job market, and a deteriorating outlook for consumer spending.
#BTC #Bitcoin2024 #BitcoinRising #BTCRally #BTC/Update:
$BTC
The $40,000 mark is now within reach for bulls after the largest cryptocurrency reached yet another all-time high.
The Bitcoin (BTC) price has reached an 18-month high, with its price climbing to $38,707 after recording a 2.5% gain.
This recent spike in the cryptocurrency's value is attributed to several key factors, including the optimistic views of influential investors and changing economic conditions.
The flagship cryptocurrency is now up by more than 130% on the year-to-date basis. Prominent billionaire and crypto enthusiast Mike Novogratz remains bullish about Bitcoin's future. One of the main catalysts he identifies is the anticipated approval of a spot Bitcoin ETF. He believes that if major financial institutions like BlackRock and Fidelity increase Bitcoin adoption, the cryptocurrency's price could soar significantly higher.
Novogratz's optimism is shared by many in the crypto community who see institutional adoption as a crucial step towards mainstream acceptance of Bitcoin.
Bond investors are increasingly anticipating Federal Reserve interest rate cuts by the first half of 2024, in response to signs of slowing U.S. economic growth and easing inflation. The Federal Reserve is expected to cut interest rates six times in 2024, as predicted by ING Economics. This forecast is based on moderating inflation, a cooling job market, and a deteriorating outlook for consumer spending.
#BTC #Bitcoin2024 #BitcoinRising #BTCRally #BTC/Update:
$BTC
Crypto Crew! 🌟
Bitcoin just made a bold move, soaring near $37K! Why? A massive $62M short squeeze plus rising hopes for a Bitcoin Spot ETF are stirring the pot.
🚀 The Squeeze: Short sellers got a shock as $BTC rallied, reminding everyone that betting against Bitcoin can be a risky game.
🔍 ETF Excitement: Anticipation for a Bitcoin Spot ETF is building up, hinting at bigger things coming for crypto's king.
Stay sharp and keep your eyes on the charts - this is where the action is!
#Bitcoin #CryptoNews #ETFBuzz #BTCRally
Bitcoin just made a bold move, soaring near $37K! Why? A massive $62M short squeeze plus rising hopes for a Bitcoin Spot ETF are stirring the pot.
🚀 The Squeeze: Short sellers got a shock as $BTC rallied, reminding everyone that betting against Bitcoin can be a risky game.
🔍 ETF Excitement: Anticipation for a Bitcoin Spot ETF is building up, hinting at bigger things coming for crypto's king.
Stay sharp and keep your eyes on the charts - this is where the action is!
#Bitcoin #CryptoNews #ETFBuzz #BTCRally
🚨🚨🚨HOT NEWS 🚨🚨🚨
🚨🚨BTC PRICE 120K IN 2024🚨🚨
Is Bitcoin Able to Reach $120,000 in 2024?
In a similar vein, one of the top UK banks, Standard Chartered, has provided an even more optimistic forecast. Bank analysts predict that by the end of the next year, Bitcoin's value will have soared to an astounding $120,000.
They link this possible upsurge to increased Bitcoin miners' profitability. Because miners would be making more money from each Bitcoin they mine, they may sell less, which would lower the quantity of Bitcoin in circulation and raise its price.
All in all, this positive indicator indicates a leap of faith in the price of bitcoin if ETFs are allowed. BTC has increased by 12,736%, 4,474%, and 819% in the past. At the moment, the value of Bitcoin is $43,697. Is it going to survive this time?
#BTC #BinanceTournament #ETH #btcnews99 #BTCRally
🚨🚨BTC PRICE 120K IN 2024🚨🚨
Is Bitcoin Able to Reach $120,000 in 2024?
In a similar vein, one of the top UK banks, Standard Chartered, has provided an even more optimistic forecast. Bank analysts predict that by the end of the next year, Bitcoin's value will have soared to an astounding $120,000.
They link this possible upsurge to increased Bitcoin miners' profitability. Because miners would be making more money from each Bitcoin they mine, they may sell less, which would lower the quantity of Bitcoin in circulation and raise its price.
All in all, this positive indicator indicates a leap of faith in the price of bitcoin if ETFs are allowed. BTC has increased by 12,736%, 4,474%, and 819% in the past. At the moment, the value of Bitcoin is $43,697. Is it going to survive this time?
#BTC #BinanceTournament #ETH #btcnews99 #BTCRally
#BTC Fees Skyrocket in 72 Hours as Users Scramble for Tightening Block Space. #BullishChart #BullRunPrep #BTCRally
BITCOIN MINERS RISING!!!
BITCOIN MINERS ARE HERE
Tether, the company behind the world's largest stablecoin USDT, is planning to invest $500 million in Bitcoin mining in an effort to become one of the world's largest miners. The company plans to build mining facilities in Uruguay, Paraguay, and El Salvador, with each facility having a capacity of 40 to 70 megawatts.
The investment is part of Tether's broader strategy to expand its presence in the digital currency space. The company is already the largest issuer of stablecoins, with USDT having a market capitalization of over $70 billion. Tether is also planning to launch a new stablecoin pegged to the Mexican peso.
The investment in Bitcoin mining is also seen as a way for Tether to increase its control over the Bitcoin network. Bitcoin miners are responsible for verifying transactions and adding new blocks to the blockchain. By becoming a large miner, Tether will have more influence over the governance of the Bitcoin network.
The investment is also likely to have a positive impact on the Bitcoin network. More miners will help to secure the network and make it more resilient to attacks. Additionally, the increased competition among miners will help to drive down the cost of mining, which could benefit Bitcoin users.
Overall, Tether's investment in Bitcoin mining is a positive development for the digital currency space. It will help to increase the security of the Bitcoin network and make it more resilient to attacks. Additionally, the increased competition among miners will help to drive down the cost of mining, which could benefit Bitcoin users.
Here are some of the potential benefits of Tether's investment in Bitcoin mining:
Increased security of the Bitcoin network: More miners will help to protect the network from attacks.Reduced cost of mining: Increased competition among miners will help to drive down the cost of mining.Greater decentralization of the Bitcoin network: More miners will help to distribute the power of the network.Increased innovation in the Bitcoin mining industry: More investment in mining will help to drive innovation in the industry.
Overall, Tether's investment in Bitcoin mining is a positive development for the digital currency space. It will help to increase the security of the Bitcoin network, make it more resilient to attacks, and drive down the cost of mining. Additionally, the increased competition among miners will help to foster innovation in the industry.
Thanks for reading and following guys! Also thanks for the tips! @Feed-creator-a5cd42cac - thanks man! 🙏
$BTC $ETH $BNB #airdropking #CryptoNews🔒📰🚫 #BTCRally #bitcoin
Tether, the company behind the world's largest stablecoin USDT, is planning to invest $500 million in Bitcoin mining in an effort to become one of the world's largest miners. The company plans to build mining facilities in Uruguay, Paraguay, and El Salvador, with each facility having a capacity of 40 to 70 megawatts.
The investment is part of Tether's broader strategy to expand its presence in the digital currency space. The company is already the largest issuer of stablecoins, with USDT having a market capitalization of over $70 billion. Tether is also planning to launch a new stablecoin pegged to the Mexican peso.
The investment in Bitcoin mining is also seen as a way for Tether to increase its control over the Bitcoin network. Bitcoin miners are responsible for verifying transactions and adding new blocks to the blockchain. By becoming a large miner, Tether will have more influence over the governance of the Bitcoin network.
The investment is also likely to have a positive impact on the Bitcoin network. More miners will help to secure the network and make it more resilient to attacks. Additionally, the increased competition among miners will help to drive down the cost of mining, which could benefit Bitcoin users.
Overall, Tether's investment in Bitcoin mining is a positive development for the digital currency space. It will help to increase the security of the Bitcoin network and make it more resilient to attacks. Additionally, the increased competition among miners will help to drive down the cost of mining, which could benefit Bitcoin users.
Here are some of the potential benefits of Tether's investment in Bitcoin mining:
Increased security of the Bitcoin network: More miners will help to protect the network from attacks.Reduced cost of mining: Increased competition among miners will help to drive down the cost of mining.Greater decentralization of the Bitcoin network: More miners will help to distribute the power of the network.Increased innovation in the Bitcoin mining industry: More investment in mining will help to drive innovation in the industry.
Overall, Tether's investment in Bitcoin mining is a positive development for the digital currency space. It will help to increase the security of the Bitcoin network, make it more resilient to attacks, and drive down the cost of mining. Additionally, the increased competition among miners will help to foster innovation in the industry.
Thanks for reading and following guys! Also thanks for the tips! @Feed-creator-a5cd42cac - thanks man! 🙏
$BTC $ETH $BNB #airdropking #CryptoNews🔒📰🚫 #BTCRally #bitcoin
#BTC Analysis
According to the chart, the price is again in the parallel channel and bottomed in the ascending channel and we need some rest. We can expect some range candle in this area and it can shape the parallel channel coincidence ✔️📚💡
We expect more gains to the upside, at least near to $39,000, it would be our primary target 🚀
#BTCRally #btctoday #BTCMove #BTCETFApproval
According to the chart, the price is again in the parallel channel and bottomed in the ascending channel and we need some rest. We can expect some range candle in this area and it can shape the parallel channel coincidence ✔️📚💡
We expect more gains to the upside, at least near to $39,000, it would be our primary target 🚀
#BTCRally #btctoday #BTCMove #BTCETFApproval
