Knowing the Last Rise in Bitcoin (BTC), Analyst Shares New Price Target

Bitcoin has started to make a name for itself with the rise it has experienced in recent days. Especially after a long period of consolidation, the rising waves made the investors a little bit happy.

The prediction made by the Turkish phenomenon Crypto Poyraz before the rises came to the fore again.

Cryptocurrency analyst Crypto Poyraz, who has 72 thousand followers on Twitter, seems to have successfully fulfilled his prediction on June 5.

In his analysis dated June 5, Crypto Poyraz stated that he expected a decrease to $ 24,800 in BTC, and then an increase. After this successful prediction, Crypto Poyraz has now made forward-looking predictions.

In his final analysis today, he made the following statements:

There is a bowl handle formation on the Bitcoin current chart. If the Daily and Weekly close is above 30K, the pattern is active. Targets $35,000 / $37,000 / $39100 / $42,000 / $44,600

The rising waves that started with the application of Bitcoin spot ETF by giant companies such as Blackrock in the last days allowed BTC to rise above $ 30,000. Altcoins also saw upward movements with BTC.

As the analyst said, the weekly and daily closing, which will take place at 03:00 in Turkey time, is extremely important.

*Not investment advice.

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