Bitcoin will shoot over $100K in 2023 before 'largest bear market' — trader
New all-time highs are closer than many might think, says Credible Crypto, but so is a brutal bear market unlike any other. Bitcoin (BTC) will top $100,000 next year but a record-breaking bear market will follow, a popular trader believes.In a Twitter discussion on Oct. 22, Credible Crypto endorsed a theory that Bitcoin’s next halving will also see macro lows of just $10,000.BTC bulls need only wait a year for $100,000With consensus calling for Q4 2022 to match the end of the 2018 Bitcoin bear market, few are in the mood to call a trend change.While a bold prediction from LookIntoBitcoin....
Related News
There's reason to stay bullish on BTC as the weekly candle close approaches and price action breaks a dull status quo. Bitcoin (BTC) saw fresh gains on Oct. 23 as the weekend delivered a potential launchpad for the bulls.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$10 million liquidations as Bitcoin steps higherData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it spiked above $19,500 as the weekly close approached.While modest, the $300 move punctuated otherwise flat trading behavior, Bitcoin notoriously rangebound on daily timeframes.Now, hopes were....
Bitcoin trades north of the $32,000 levels as the bulls regain some conviction in the daily chart. The general sentiment in the market seems more bullish, but many still warn caution until BTC’s price moves higher to a safer zone. Bitcoin’s recent price action has left many in the dark, wondering about its next direction. Uncertainty reigns supreme. At this point, experts have been comparing different Bitcoin bull and bear periods to grasp an idea about its future. In lower timeframes, most seem to lean with the bears. Thus, they bet on more downside for the short term. Trader....
Veteran trader Peter Brandt says the dogecoin bear market that began in May last year has ended. His comment came after the price of dogecoin soared following Tesla CEO Elon Musk’s acquisition of the social media platform Twitter. Peter Brandt on Dogecoin Outlook Veteran trader Peter Brandt shared his analysis of dogecoin (DOGE) Sunday. Brandt has been a futures and FX career trader since 1975. He is a chartist and the author of the Factor Report. He trades a variety of markets, including Dow futures, bonds, corn, crude oil, European wheat, Osaka Dow, U.S. dollar, and sugar. Tweeting....
Mike McGlone, senior commodity strategist at Bloomberg Intelligence, predicts that Bitcoin will hit $100,000 by 2025 and says that he expects the cryptocurrency market to flourish as a “revived bull market.” Popular trader Credible Crypto shares McGlone’s fearless forecast. . Last month, Credible Crypto published an updated forecast for Bitcoin’s price trajectory, pointing to BTC […]
As Bitcoin price breached the vaunted $30,000 level, many became excited as to how much more the king of crypto can bring on the table. Will Bitcoin shoot for $31K? $35K? Or, $100K? The bull run is here, they say. Forget about these puny figures. They don’t mean nothing. At least, according to these well-known […]