Bitcoin Experts Predict a Major Move in the Coming Weeks
Bitcoin (BTC) is currently experiencing sideways trading, but some crypto experts believe that a significant move is on the horizon. According to renowned analyst Crypto Rover, the next big move for Bitcoin will occur within the next 5-10 weeks. The direction of this move remains uncertain.
Crypto Rover’s chart pattern analysis suggests two possible price targets based on prevailing trends. If the 95-week downtrend continues, Bitcoin could drop to $12,000. However, if the 46-week uptrend takes over, the bullish target is $63,000.
Aligning Trends
Another crypto analyst, Stockmoney Lizards, predicts that the bull run will begin slightly before the halving event. This prediction is based on various factors such as patterns, surroundings, and the general market situation.
Hot Take: Anticipation Builds for Bitcoin’s Next Move
As Bitcoin hovers in sideways trading, anticipation grows among crypto enthusiasts for its next major move. Analysts have identified key trends and indicators that suggest a significant price shift in the coming weeks. The potential outcomes range from a bearish target of $12,000 to a bullish target of $63,000. With these predictions in mind, all eyes are on Bitcoin as it approaches a crucial turning point in its market trajectory.
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