Trader and analyst Michael van de Poppe has predicted that the price of the first cryptocurrency will rise to $ 30,000 in the next two to three weeks.
Within 2-3 weeks, #Bitcoin it will burst significantly.
My opinion is the positive side.
My guess is probably $ 30,000.
– Michael van de Poppe (@CryptoMichNL) October 24, 2022
“Within two to three weeks, Bitcoin will take a major step forward. My bet is over. Probably $ 30,000, “wrote Michael van de Poppe.
The bullish forecast was supported by an analyst with the nickname of TechDev, referring to the volatility indicator Bollinger bands.
He noted that the price of bitcoin in relation to the Nasdaq index peaked in April 2021. Since then, the indicator has consolidated, so TechDev expects digital gold to rise.
$ BTC / $ NASDAQ Weekly Bollinger Bands are the tightest #Bitcointhe whole story.
The price versus the NASDAQ peaked at BTC’s last maximum impulse in April 2021 and consolidated during the 1.5-year correction.
Expect a break to the upside and a strength #Bitcoin outperformance soon. pic.twitter.com/IIMbuWE684
– TechDev (@ TechDev_52) October 24, 2022
Former Bitcoin maximalist and MicroStrategy founder Michael Saylor a new all-time high is expected prices of the first cryptocurrency in the next four years.
In October, Kevin O’Leary, an investor and star of the Shark Tank TV show, said digital gold mentions resume growth after the adoption of the draft law on the regulation of stablecoins.
In the same month, Galaxy Digital founder Mike Novogratz admitted that the bear market it can continue for six months.
Recall that on October 25 the price of bitcoin broke the $ 20,000 level after a prolonged period of extremely low volatility.
Most cryptocurrency investors surveyed by MLIV Pulse predict digital gold will by the end of 2022 it will trade in the range of $ 17,600-25,000.
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