A good start to 2023 bitcoin has experienced an increase of over 80% to date.
BTC Although it is still trading 55% below the all-time high of $69,000 on November 10, 2021, it has managed to surpass the critical level of $30,000 this week.
While BTC continues this uptrend, investors still remain in a dilemma. Because investors will continue to rise? Or is there an important fix from here? looking for answers to his questions.
In this context, evaluating the performance of Bitcoin Credible Crypto The analyst named BTC may see its all-time high in 2023.
In a recent Youtube video BTC Explaining his prediction, the analyst said that the current ongoing Bitcoin rally will end between $30,000 and $40,000.
Stating that there will be a consolidation period afterward, the analyst stated that BTC will experience an accumulation that will trigger the new ATH in the next 6 months.
“I think Bitcoin will reach the new ATH later this year.
Bitcoin’s current rally will end between $30,000 and $40,000. Although BTC enters a period of consolidation after this rally, in the next six months, BTC will experience an accumulation that will trigger the new ATH.”
happening in 2022 Terra (LUNA), 3AC And FTX Stating that there have been large liquidations and panic sales in BTC due to black swan events such as the crashes, the analyst said that BTC’s rise above $ 30,000 is an indication that traders are accumulating Bitcoin again.
The analyst added that this will eventually lead BTC to $70,000.
*Not investment advice.
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