- Bitcoin has totally reversed to the bullish flag aspect taking BTC value previous the $60,000 mark.
- BTC is now over $62,000 and a reputed crypto analyst says it can proceed previous $72,000.
- He says as soon as BTC breaks $74,000 then the BTC value can have no bother hitting $80,000.
Bitcoin (BTC) is up over $60,000 taking market sentiment and the worth of altcoins up with it too. Presently, Bitcoin value is over $62,000 and most seasoned crypto analysts are satisfied that the BTC backside is in and what’s subsequent is all bullish upward developments.
Particularly, one long-time dealer identified for his correct predictions for Bitcoin and altcoins within the crypto market Physician Revenue makes a press release and one other prediction. To start out off, he shares a brand new chart and highlights the white line.
#Bitcoin white line is essential, resistance which can flip to assist very quickly. Since 54k I let you know backside is in
I’m assured we are going to shut above it, if not right now, then within the coming days. No new lows are anticipated. We’ll shut above and proceed in the direction of 66-67k subsequent pic.twitter.com/7KFYb8XtPt
— Physician Revenue 🇨🇭 (@DrProfitCrypto) July 14, 2024
As we will see from the put up above, he highlights how the Bitcoin white line is the important thing. He says that this marks resistance which can finally flip into assist quickly. He additionally marked that $54,000 was the underside as he talked about earlier than.
Having mentioned that, he expresses his confidence that Bitcoin (BTC) value will shut above the white line within the coming days if not right now. He additionally provides that no new lows are anticipated for Bitcoin (BTC) and is adamant that the asset will shut above and proceed its upward trajectory in the direction of the $66,000-$67,000 value mark.
The subsequent time we contact 72-74k area
It wont be rejected like previously
We’ll see a breakout to 80k simply
To date 4 rejections, fifth is breakout pic.twitter.com/Cbqi555YCr
— Physician Revenue 🇨🇭 (@DrProfitCrypto) July 14, 2024
Including on to Bitcoin’s bullish narrative, Physician Revenue shares one other bullish prediction. Right here, he says that the subsequent time Bitcoin (BTC) value reaches the $72,000 to $74,000 value mark it won’t be rejected like earlier this yr when BTC set a brand new ATH.
As a substitute, says Physician Revenue, the worth of BTC will proceed to climb upward and print a breakout to $80,000 with ease. He additionally says that BTC has made 4 rejections to this point and this upcoming fifth wave will result in a value breakout taking Bitcoin to new highs.