Analyst Expecting a Quick Exit to $ 40,000 in Bitcoin Shared His BTC Targets!

Exceeding $25,000 but unable to maintain this level bitcoinIt will be announced tomorrow as the bull signals continue to increase in FED Before the minutes, volatile movements are observed in BTC.

Investors BTC’while aiming to reach higher levels, InvestAnswers The popular analyst and host of the YouTube channel announced the price level that Bitcoin can easily reach in the current bull rally.

BTC’s bull rally in a recent YouTube video 40,000 Stating that he can easily reach $ 40,000, the analyst said 30,000 He said the dollar was in his pocket.

Analyst BTC He made the following statements in his analysis:

“Considering how quickly we reached $25,000, we can say that reaching the $30,000 level is now in the bag.

I don’t want to sound too bullish, but looking at the chart, BTC’s path to $30,000 is unimpeded. That’s why I believe we’re going to hit $30,000 very quickly.

Let’s say that Bitcoin has reached $30,000. This move will attract a new generation of FOMO investors and buyers who did not buy the dip during the big crash we experienced from June to November.

So I think this period could be a crazy time.”

Expected to happen in March 2024 BTC Also referring to the halving, the popular analyst listed Bitcoin price targets.

“How high can Bitcoin go in the current bull rally? As for the question, I believe that BTC can easily reach $ 70,000.

Over $100,000 sounds crazy, but I think it’s possible.

Because if Bitcoin reaches $ 100,000, it will only increase 4 times from its current level of $ 25,000.

At this level, the adoption rate of Bitcoin, the number of active addresses and the number of long-term holders should be monitored.

Considering that the number of long-term investors has reached 72% of the total supply, there may be a tightening in supply.

So it’s time to buy BTC. Everything points in the right direction for a bull rally. Here comes $42,000 in Bitcoin.”

*Not investment advice.