Last Chance to Buy Bitcoin
Crypto analyst Tolberti is warning investors that this may be their last chance to buy Bitcoin at a low price. According to Tolberti, the Bitcoin price is set for a massive rally.
Bulls Break Major Trend Line
Tolberti points out that bulls have successfully broken through a major descending trend line on the BTC 12-hour chart. He believes that this trendline being destroyed by the bulls indicates a significant opportunity for investors.
Predictions for Bitcoin Price
Tolberti predicts that the Bitcoin price will reach $39,000 by the end of 2023. However, he acknowledges that there is resistance at $29,167 where the 0.618 Fibonacci has been established in the previous wave.
Previous Predictions
In September, Tolberti predicted that the Bitcoin price could reach as high as $130,000 by 2025. His chart showed a rise to $80,000 followed by a retracement and then another bounce to reach $130,000.
Conflicting Views
While Tolberti is bullish on Bitcoin, Bloomberg analyst Mike McGlone has a different perspective. McGlone expects BTC to fall back to $10,000 and does not foresee a bullish fourth quarter for the cryptocurrency.
Hot Take: Tolberti’s Bold Prediction
Crypto analyst Tolberti believes that now is the last chance for investors to buy Bitcoin at a low price before a massive rally. He predicts that the Bitcoin price will reach $39,000 by the end of 2023. However, conflicting views exist, with Bloomberg analyst Mike McGlone expecting BTC to fall back to $10,000. As always, it’s important to consider multiple perspectives and do thorough research before making investment decisions in the volatile cryptocurrency market.
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