The Bitcoin price has reached $ 100,000 for the first time since February, trading at $ 101.3,000 at the time of the press.
The strong correlation of the BTC with the world money supply of the M2 takes place once again, with the largest cryptocurrency now ready for new peaks of all time.
The bitcoin bull’s bull’s force gave a significant boost to the Altcoin market, the Ethereum price recovering the $ 2000 bar. Brett, Virtuals Protocol and Pepe are among the best performers, each 30% during the day.
Bitcoin price forecasts of eminent analysts indicate that Bull Run de BTC is just beginning, with a high probability of a new summit of all time in May and $ 150,000 in the second quarter.
Bitcoin price prediction – What is the height?
After having managed to defend the level of support of $ 93,500 earlier this week, Bitcoin shows a remarkable bullish force to go beyond the $ 100,000 mark. It is now up 35% compared to its lower April 7.
All eyes are now on the fact that the price of Bitcoin ensures a bullish continuation or that it will retest the levels of support below.
The next significant Bitcoin resistance lies in the beach from $ 104,000 to $ 106,000. Although it can see a rejection here and reject support levels at $ 99,000 or $ 94.5,000, the Risk-re-compensation report certainly promotes bulls.
For example, the prediction of the bitcoin prices of a leading analyst Nebraskanguer Indicates a high probability of a rally at $ 120,000 in the short term, especially if BTC manages to recover its level of 0.786 FIBONACCI at $ 102,403.
Cobra Trader used the Pitchfork and Elliot Wave analysis of Andrew, two popular trading tools, to determine a target price of Bitcoin mid-term of $ 182,000. In particular, the Pitchform analysis of Cobra has been remarkably precise in recent months, despite the action of the jerky prices of BTC.
An increasing number of Crypto analysts and opinion leaders now predict that Bitcoin could reach $ 500,000 in this cycle. Among the last to join this optimistic perspective are the old CEO of Binance, Changpeng “Cz” Zhao and Arthur Hayes de Bitmex.
Analyst Kaleo Considers that the price objective of $ 500,000 is not as bizarre as it seems at first glance, especially if BTC continues to overcome gold, as it did on the last bull markets.
Analysts believe that gold is heading for a market capitalization of 50 billions of dollars. If Bitcoin just works as a step, it could see an appreciation of the price bar of $ 250,000.
Consequently, despite the possibility of a short -term correction, investors sidelined should increase their exposure to bitcoin at current prices without thinking too much.
Even the most conservative objective of this BTC Bull Run seems to be $ 150,000, which was indicated by the world money supply of M2 and its strong correlation with Bitcoin.
BTC Bull Same Coin in high demand with its free Bitcoin promise
With the bruising force of BTC, there is a growing demand for free bitcoin.
Unsurprisingly, a new piece of memes, BTC Bull (BTCBull)Who freely promises BTC Airdrops to all its holders, increases in demand, raising nearly $ 6 million in its ICO.
The project is designed for Bitcoin bulls that believe in its long -term growth potential. Microstrategy and Larry Finkrock's MicrostrateGy's tastes from Michael Saylor fall into this category. BTC Bull simply offers alternative sources of income to these investors, which allows them to benefit from the walking before Bitcoin in addition in a way.
BTCBull holders will receive free Bitcoin when the BTC price reaches certain fixed milestones, the first stop of this type triggered at $ 150,000. Before that, they will benefit from token burning events at $ 125,000. There is also a huge Ardrop BTCBull planned when the Bitcoin price reaches $ 250,000.
Meanwhile, the first prevented buyers are already gaining substantial shuttle income, currently at a reward rate of more than 70% per year.
Due to its unique concept and its small market capitalization, eminent analysts are optimistic about the potential of high BTC Bull increase, many calling it the next Crypto 100x.
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