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A widely followed crypto analyst and Bitcoin trader is predicting BTC's potential path forward over the near term.
Analyst Jason Pizzino tells his 282,000 YouTube subscribers that while he is bullish on Bitcoin over the long term, BTC could fall by around 15% from current levels to below $19,000 in the short term.
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A widely followed crypto analyst says that the actions of the U.S. Federal Reserve will crash Bitcoin and the crypto markets in general.
According to Nicholas Merten, recent testimony from Fed Chair Jerome Powell is likely going to push BTC below the $20,000 level "very soon" as the Fed springs liquidity traps.
Merten also notes that the past few weeks have proven just how interconnected crypto is with traditional markets and that Bitcoin bulls should be happy to grab BTC between $13,000 and $14,000 if it were to dip that low.
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Over 50,000 Bitcoin, worth $1 billion, were moved from multiple wallets connected to United States Government law enforcement seizures and transferred to new addresses, with some of the king crypto moved to Coinbase on March 8.
According to data shared by on-chain analytics firm PeckShield, three transfers were made from U.S. law enforcement agency's wallets. These wallets held nearly 51,000 BTC seized by U.S. agencies from the Silk Road marketplace in November 2021. The confiscated Bitcoin was consolidated into two wallet addresses.
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An analyst who accurately called the big crypto crash of May 2021 says that Bitcoin going to its all-time high this year is not completely off the table.
Pseudonymous analyst Dave the Wave, who also predicted BTC recovering from the bear market near the $20,000 level, lists four reasons why a Bitcoin rally up to its high at around $69,000 in 2023 is not an unreasonable expectation.
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Seasoned crypto trader Tone Vays believes that Bitcoin could be gearing up for a massive eruption to the six-figure level and go as high as $300,000 per BTC.
In a new strategy session, Vays tells his 123,000 YouTube subscribers that Bitcoin could explode between 792% and 1,238% from current prices in the next bull market.
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A rapid acceleration in the Bitcoin pace of global adoption could catapult the top crypto to staggering new heights, according to quantitative analyst PlanB.
According to PlanB, the BTC pace of adoption is about to witness an unprecedented level of acceleration that could bring the Bitcoin price to as high as $10 million per coin by 2028.
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Crypto strategist TATrader_Alan discovered a very bullish pattern on the Bitcoin chart which shows the next BTC top at $200,000 with the floor price at $100,000.
"Well-structured pattern has been shown here on Bitcoin Heikin Ashi M2 chart. Between each halving, $BTC prints a set of red candles to complete the macro pullback, finds the bottom and starts a new BULL RUN. Next top $200k is inevitable with the floor at $100k."
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A widely followed crypto analyst is predicting a big break out for Bitcoin after a quick retest of a lower price level. The crypto trader says that his target price for BTC remains $40,000.
"The important thing I've lost sight of since Bitcoin had its HTF [High Time Frame] breakout is the effect it's had on my LTF bias. Whether the stops are triggered and we retest the HTF trend one more time near ~$20,000 or we send higher from here, the end target of $40,000 doesn't change."
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Crypto analyst shares long-term Bitcoin chart pattern correlated to the BTC halving.
'Before next Bitcoin halving date estimated in 2024, BTC will reach $50k for the second top. The Bitcoin top after next halving will reach $200k."
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Widely followed on-chain analyst Willy Woo says that millions of Bitcoin have remained untouched for the past 10 years.
Woo tells his one million Twitter followers that more than $60.75 billion worth of the king crypto (BTC) has not moved since 2013.
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