Here Are The Levels That Bitcoin Will See In The Coming Months, By 5 Master Names.
Since the beginning of July, the leading cryptocurrency has appreciated nearly 30% against the dollar, surpassing most other macro assets. BTC steadily turned $ 10,500 into the support level with a 30% increase. According to some commentators, this was the only level that Bitcoin had to turn into support to confirm the start of the bull market. Although Bitcoin made this big move, some do not admit that the asset is still in a full-fledged bull market.
Is Bitcoin in the bull market? Here are the opinions of analysts and traders
Famous analyst: Bitcoin is not in a real bull market
Some analysts and traders have recently claimed that Bitcoin is not in a bull market yet. A famous analyst said on August 15:
I SHOULD BE THE ONLY ONE WHO DOESN’T THINK BITCOIN IS IN A TRUE BULL MARKET, DESPITE EXPERIENCING MORE BULLISHNESS IN STOCKS ON TWITTER. A VERY EXCITING SUMMIT MIGHT BE COMING, AND MAYBE THAT WOULD MAKE EVERYTHING I THINK I KNOW QUESTION QUESTION. I DON’T LIKE WHEN PEOPLE TELL ME 24/7 FOUNDATIONS ARE NOT BETTER.
Bitcoin Jack: There is “ground to close” before confirming the rise in Bitcoin
Bitcoin Jack, a cryptocurrency analyst who successfully predicted that Bitcoin would see a V-shaped reversal , said there was a “ground to close” before thinking the markets were steadily bullish. The analyst adds the following to his comments on the issue:
I HAVE BEEN SAYING THIS FOR SEVERAL MONTHS NOW, THERE IS TIME AND GROUND TO TACKLE BOTH ASPECTS BEFORE CLASSIFYING IT AS A BULL MARKET.
Calmly: Bitcoin will revisit $ 8,000 soon
Calmly is a trader who successfully predicted most of the recent price movements in the cryptocurrency markets. This trader shared the chart above and predicts that Bitcoin will revisit $ 8,000.
Raoul Pal: Bitcoin will be the world’s best performing asset
Raoul Pal, CEO of Real Vision, recently said about Bitcoin:
THESE ARE ALL LONG TERM CHART PATTERNS WITH INCREDIBLE BULLISH SIGNALS. THE POSSIBILITIES IN THE CHARTS SHOW THAT BITCOIN WILL BE THE BEST PERFORMING ASSET IN THE WORLD OVER THE NEXT 24 MONTHS AND BY FAR.
Dan Tapiero: Bitcoin could increase 5-10 times in the next cycle
Famous expert Dan Tapiero claims that Bitcoin can literally increase 5-10 times in the next cycle.