Bitcoin Analyst Predicts BTC Price Surge to $60K
Despite recent days of relatively stagnant prices, Bitcoin’s lack of correlation with ETF inflows and outflows has caught the attention of investors and analysts. One analyst, known as Titan of Crypto, has shared their insights into Bitcoin’s current trajectory and potential future movements.
Bullish Flag Formation
The analyst points out that Bitcoin is currently exhibiting a bullish flag formation, indicating a potential price surge to $61,000. They highlight the retesting of the Tenkan indicator and note that whenever Bitcoin approaches the $50.7k level, it experiences significant buying activity.
#Bitcoin Bull flag formation: target at $61,000This Is How Bitcoin Will Reclaim $60K and Chart New ATH (Analysts) appeared first on CryptoPotato.