Crypto Pundit Crypto Michael, who properly called the Bitcoin Price Surge From $ 15,400 to $ 100,000, revealed the next step for the flagship crypto. Based on its revelation, Bitcoin still has enough space in this market cycle before its price peaks.
What on the side for the price of bitcoin
In a X postCrypto Michael said that when the Bitcoin price breaks $ 108,000, it will ignite a parabolic rally of immense proportions. The analyst seemed confident in this to happen because he revealed how he had literally called each Bitcoin movement from the bottom of $ 15,000 to perfection. He also noted that his goal since BTC was $ 15,000 Tendline $ 108,000which was affected.
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However, he thinks that the price of bitcoin is not yet finished, and he advised the market participants to be ready for the parabolic rally that could come once BTC breaks $ 108,000. Although the Pundit Crypto thinks Bitcoin has more room to rally upwards, it has not revealed how the flagship crypto could go once it exceeds $ 108,000.
Meanwhile, in another X Post, Crypto Michael predicted that the next step should start soon for the price of Bitcoin, a decision that could lead to a break over the resistance of $ 108,000. The analyst has suggested that this decision will probably occur soon, noting that his fractal Bitcoin has so far played perfection.
Indeed, the price of bitcoin could be ready for its next step. Crypto Ali Martinez analyst revealed that capital entrances to the cryptography market are starting to resume. 6 billion dollars were added last week, which, according to the analyst, is a sign of momentum renewal. The first step would be that Bitcoin will recover the price level of $ 100,000, which could lead to higher prices.
$ 116,000 could be the next BTC stop
Cryptographic analyst Crypto titan suggested that $ 116,000 could be the next stop for the Bitcoin price. In a post X, he revealed that the asset is currently forms a symmetrical triangle. The analyst added that an upward escape could send the flagship crypto to $ 116,000. The analyst had previously planned that BTC could reach up to $ 180,000 in this market cycle.
Cryptographic analyst Jelle Crypto Also suggested that the price of Bitcoin could rally up to $ 116,000 at its next step. He noted that the local downward trend of the BTC had been broken and retesté. He then raised the possibility that the flagship crypto recovering the level of $ 100,000. His accompanying table has shown that $ 108,000 would be the level of resistance to break if BTC recovered $ 100,000. Once it breaks $ 108,000, a rally at $ 116,000 seems imminent.
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When writing data from CoinMarketCap.
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