Bitcoin Likely To See Final Bullish Move Before a Strong Reversal Downwards, Says Analyst – Here Are His Targets
A widely followed crypto analyst said Bitcoin (BTC) could make an explosive move upside down before a bearish return.
In a new post on Instant Messaging App Telegram, pseudonymous crypto strategist crypto capo Says His 122,084 subscribers whose bitcoin could hit $ 98,000 before falling into value.
However, the analyst said as long as Bitcoin holds $ 88,000 in support, the flagship of the crypto is likely to remain in an uprising.
Looking at other digital possessions, the analyst predicts that the Ethereum (ETH) can increase 30% of its current value before straightening and Solana (Sol) can increase 33% of its current value before correcting. He also believes that other altcoins may double in value.
“As long as Bitcoin stays above $ 88,000 (perfectly over $ 90,000), a final bullish move is likely before a strong return.
Some levels I've watched to start getting the income:
- BTC: $ 95,000- $ 98,000.
- ETH: $ 2,000- $ 2,300.
- Sol: $ 170- $ 200.
- Altcoins: 30% -100% above average, depending on the coin. “
The analyst Sharing A chart that warns the flagship of the crypto asset may have a severe correction at $ 60,000 after the first $ 98,000.
“The rotation here is futile. I'll look at the $ 94,000- $ 95,000 zone for potential shorts, but for now, the smart move remains net.”
Bitcoin traded $ 93,376 at the time of writing, until marginally in the last 24 hours.
Meanwhile, at the time of writing, ETH traded $ 1,759, down 1.8% in the last 24 hours, while Solana traded $ 150, flat in the sun.
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