Bitcoin Ready For Price Leap To $300,000 – Analyst Explains Why
Dutch crypto analyst Gert van Lagen has shared an audacious bullish prediction of Bitcoin for the current bull cycle. This development comes amidst a continuous consolidation in the BTC market marked by no substantial price action in the past day. Related Reading: Bitcoin Open Interest Reveals Plenty New Positions Have Been Opened – Analyst Expects […]
Related News
In the last week, Bitcoin showed a range-bound movement, with prices oscillating between $105,000 and $101,000 to produce a slight gain of 0.60%. Notably, the flagship cryptocurrency has seen a market cool-off in the past two weeks following a 10.7% price leap in early May. Interesting, a crypto analyst with X handle TATrader_Alan, popularly known as Trader Alan, has highlighted a bullish pattern that points to a price target around $115,000. Related Reading: Bitcoin Strengthens Vs. Gold, Analyst Sees ‘Higher Than Expected’ Returns Bitcoin Climbs With Precision: $115,000 May Be The Next....
Moonriver (MOVR) has managed to slip into the background after an incredible run in 2021. The price of the coin crossed $490 at the time, but has since fallen more than 90% from its all-time high since then. After an extended bear period, it is starting to look like this altcoin may never return to its previous glory again. However, this might be wrong as expectations for another bull run for the MOVR altcoin are rising once again. MOVR Ready To Move Out Of Extended Consolidation According to a crypto analyst, the MOVR price may be getting ready to move out of a drawn out downtrend and....
Crypto analyst Rekt Capital has provided insights into the Bitcoin future trajectory. Based on his analysis, the flagship crypto might not yet be ready for its next leg up, which could see it climb back above $70,000. Bitcoin Not Yet Ready To Establish $65,000 As New Support Rekt Capital claimed in an X (formerly Twitter) post that Bitcoin is not quite ready just yet for a successful retest of the $65,000 level as new support. For the crypto to establish $65,000 as the new support level, the analyst stated that it would need a similar restest like the one which happened sometime in May....
Bitcoin bulls should prepare for a price rally towards $23,000, according to an independent analyst.
A paused Bitcoin price rally has increased its probability of undergoing a major pullback, as per independent analyst Vince Prince.