A widely followed crypto analyst, bitcoin He says that (BTC) could potentially be on the verge of a bullish move.
Trader nicknamed Bluntz told his 223,200 Twitter followers that Bitcoin is showing signs of a potential breakout. says.
The analyst says his goal is for Bitcoin to surpass a price of $28,800.
“BTC is now back in the range once again after removing the upside and now the downside, will want to buy the pullbacks after the daily close targeting $28,800.
NEWS CONTINUES BELOWI was expecting a slower rise but this move is starting to look pushy on the upside again.”
Bluntz previously, leading crypto- He had warned that his presence was signaling danger. On Wednesday, Bitcoin dropped below $25,400, a level that was last reached in March. Bitcoin is trading at $ 26,572 at the time of this writing.
Bluntz’s bullish view of Bitcoin echoes that of another pseudonymous trader, Credible Crypto. Credible Crypto tells its 340,600 Twitter followers that BTC has bottomed out after the plunge amid lawsuits by the US Securities and Exchange Commission (SEC) against two leading crypto exchanges.
“The liquidity flush target was met and hit perfectly. A strong upward move followed immediately after back-to-back SEC lawsuits against Binance and Coinbase.
If panic-induced purges were to happen, this would be the perfect time for a flush to occur. This leads me to believe that we may be at our bottom and lower targets will not be met.”
