Bitcoin Accumulating, On Course Of Breaking $74,000 Despite Bear Scare: Analyst


by Bitcoinist.com

Bitcoinist.com— Bitcoin remains shaky when writing, down 13% from its all-time high. However, despite the short-term uncertainty, one analyst on X remains bullish on the world’s most valuable coin, citing current developments from a technical perspective. Is Bitcoin Inside A Wyckoff Re-accumulation Phase? Taking to X, the analyst believes Bitcoin might be forming a Wyckoff Re-accumulation pattern […]

Bitcoinist.com—Bitcoin Analyst Says Rally To Over $90,000 Programmed As Money Supply Grows. Bitcoin price action might be dicey, undergoing a major corrective phase. However, even as $60,000 looks slippery for upbeat bulls, some analysts are optimistic that the coin is ready for a strong leg up. Going by past price action, analysts maintain that the coin will surge above $73,800 and register fresh all-time highs closer to […]

Bitcoinist.com—Crypto Analyst Who Predicted Bitcoin Crash Below $57,000 Reveals Next Target. The Bitcoin price has seen a massive downside this week going into the FOMC meeting on Wednesday. The digital asset’s price saw a sharp 8% drawdown, which sent its price below $57,000, its lowest point in two months. While this came as a surprise to many, one crypto analyst in particular was able to pinpoint […]

Bitcoinist.com—CMT-Certified Crypto Analyst Says Bitcoin Is Still Very Bullish, Can It Reach $350,000?. The direction of where the Bitcoin price could be headed next has been a bone of contention among industry players. Numerous forecasts have been made for the pioneer cryptocurrency, but one crypto analyst maintains that Bitcoin continues to be bullish even through its current choppy movements. Crypto Analyst Predicts Further Upside For Bitcoin Crypto analyst […]