Cryptonian

04/21 04:17

Bitcoin Could Explode by Over 50%

m
A widely followed crypto analyst is expressing bullish sentiment on Bitcoin (BTC) based on historical precedence.

In a new video, the anonymous host of InvestAnswers tells his 443,000 YouTube subscribers that Bitcoin could explode by about 54% from current levels to $45,000 if history repeats itself.

Referencing a chart published by crypto research firm K33 showing that Bitcoin is currently displaying a similar pattern to the one seen during the 2018/2019 bear market, the popular crypto strategist says that Bitcoin could hit the price target in about a month from now.

“If this pattern repeats and we get this level, where I added a little red arrow… that means that by May 20th or about a month from now we could be at $45,000 again.

After that, there’s a bit of a breather, a bit of sideways movement, a bit of consolidation.”

#Trading Volume Hits New Low Since November 2020#Money hack: Soaring crypto

2分享