with thousands of followers on twitter crypto analyst Kaleo, Bitcoin (BTC) believes it is preparing for a major move that could hurl it to levels unattainable for more than six months.
Popular Cryptocurrency Investor and Analyst Kaleo Predicts Bitcoin (BTC) To Go Up To $30,000
Crypto analyst Kaleo told 554,400 Twitter followers, a price level Bitcoin hasn’t seen since June 2022. 30,000 dollars He says he is preparing for a right rally.
$30K is a magnet. pic.twitter.com/yhpJh0zwqt
— KALEO (@CryptoKaleo) January 16, 2023
At the time of this writing, Bitcoin is changing hands at $21,200, which indicates that there is over 40% bullish potential if Bitcoin (BTC) reaches Kaleo’s target.
While the cryptocurrency analyst is bullish on Bitcoin, he believes the path to his $30,000 target will not be a straight line.
“We expect another wick below $20,000 before we see the target. “Some accumulation below the higher timeframe trend before the big candle makes sense.”
According to the crypto analyst, a break below $20,000 will likely trigger the entry of bearish positions and ripen Bitcoin for a squeeze.
Kaleo also believes that a brief pullback is imminent as Bitcoin has soared over 23% in just seven days.
After Bitcoin rose, many analysts seem to have made different predictions. Especially in these days when the market is moving, it is extremely important to invest more carefully and act in a planned manner.
*Not investment advice.
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