Analyst Predicts Bitcoin Price Is Going To $200,000, Reveals When To Buy
Bitcoin is back in a place where bold upside calls are starting to circulate again, and while short-term sentiment is still mixed, one analyst believes the cryptocurrency is setting up for a powerful move that sends the price action all the way to $200,000. The call is built around a long-term cycle structure on the monthly candlestick timeframe chart that treats Bitcoin’s recent price action as part of a larger repeating pattern. The Monthly Chart Case For $200,000 The chart Bitcoin Teddy shared is a monthly Bitcoin chart that maps out three major cycle phases using large green expansion....
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