Crypto Pundit Who Correctly Called The Bitcoin Price Surge From $15,400 To $100,000 Reveals What’s Next
11 February 2025 - 10:00PM
NEWSBTC
Crypto pundit Crypto Michael, who correctly called the Bitcoin
price surge from $15,400 to $100,000, has revealed what is next for
the flagship crypto. Based on his revelation, Bitcoin still has
enough room in this market cycle before its price peaks. What
Next For The Bitcoin Price In an X post, Crypto Michael stated that
when the Bitcoin price breaks $108,000, it will ignite a parabolic
rally of immense proportions. The analyst seemed confident in this
happening as he revealed how he had literally called every Bitcoin
move since the $15,000 bottom to perfection. He also noted that his
target since BTC was at $15,000 was the $108,000 trendline, which
was hit. Related Reading: Bitcoin Price Enters Ascending
Phase After Cup And Handle Formation At $105,000, Here’s The Next
Target However, he believes that the Bitcoin price isn’t done yet,
and he advised market participants to be ready for the parabolic
rally that could come once BTC breaks $108,000. Although the crypto
pundit believes Bitcoin has more room to rally to the upside, he
failed to reveal how high the flagship crypto could go once it
breaks above $108,000. Meanwhile, in another X post, Crypto
Michael predicted that the next leg up should begin soon for the
Bitcoin price, a move that could lead to a break above the $108,000
resistance. The analyst suggested that this move will likely happen
soon, noting that his Bitcoin fractal has played out to perfection
so far. Indeed, the Bitcoin price could be ready for its next
leg up. Crypto analyst Ali Martinez revealed that capital inflows
into the crypto market are starting to pick up. $6 billion has been
added in the past week, which the analyst noted is a sign of
renewed momentum. The first step would be for Bitcoin to reclaim
the $100,000 price level, which could lead to higher prices.
$116,000 Could Be The Next Stop For BTC Crypto analyst Titan of
Crypto suggested that $116,000 could be the next stop for the
Bitcoin price. In an X post, he revealed that the asset is
currently forming a symmetrical triangle. The analyst added that a
breakout to the upside could send the flagship crypto to $116,000.
The analyst had before now predicted that BTC could rally to as
high as $180,000 in this market cycle. Crypto analyst Crypto Jelle
also suggested that the Bitcoin price could rally to as high as
$116,000 on its next leg up. He noted that BTC’s local downtrend
had been broken and retested. He then raised the possibility of the
flagship crypto reclaiming the $100,000 level. His accompanying
chart showed that $108,000 would be the resistance level to break
if BTC reclaims $100,000. Once it breaks $108,000, then a rally to
$116,000 looks imminent. Related Reading: Bitcoin Price Prediction:
Analyst Charts Roadmap To $117,000, What You Should Know At the
time of writing, the BTC price is trading at around $98,300, up
over 1% in the last 24 hours, according to data from CoinMarketCap.
Featured image from Unsplash, chart from Tradingview.com
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