Analyst Predicts Bitcoin to Reach All-Time High in January If BTC Hits This Price – But There’s a Catch

2023-12-11 14:30

In a recent tweet, crypto analyst BitQuant provided a thought-provoking perspective on Bitcoin’s potential journey to all-time highs.

According to BitQuant, if Bitcoin manages to reach the $40,000 mark, it has opted for a slower trajectory, with the likelihood of attaining record highs not until the end of January.

BitQuant’s projection introduces a nuanced timeline for Bitcoin’s ascent, suggesting that the pace of its price movement could be indicative of a methodical climb rather than a rapid surge.

The $40,000 threshold in this analysis serves as a key milestone, and the subsequent timeline aligns with specific conditions.

A noteworthy factor in BitQuant’s prediction is the assumption that no exchange-traded fund (ETF) is approved during this period. ETF approvals often have a substantial impact on market sentiment and can potentially expedite bullish trends.

As the crypto community closely monitors Bitcoin’s price movements, BitQuant’s analysis provides traders and enthusiasts with a valuable perspective on the potential timeframe for Bitcoin to revisit and surpass its previous all-time highs.

Read also:

Chainlink (LINK) Nears Make-or-Break Resistance Level Why Has Avalanche (AVAX) Pumped 300% in Two Months? Rebel Satoshi Demonstrates BIG Profit Potential: How Do Ethereum (ETH) and Avalanche (AVAX) Compare?

The end of January emerges as a critical period in this scenario, highlighting a strategic juncture for investors to observe and evaluate market dynamics.

We recommend eToro 74% of retail CFD accounts lose money. Visit eToro Now Active user community and social features like news feeds, chats for specific coins available for trading.
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy thetrades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
eToro offers staking for certain popular cryptocurrencies like ETH, ADA, XTZ etc.

The post Analyst Predicts Bitcoin to Reach All-Time High in January If BTC Hits This Price – But There’s a Catch appeared first on CaptainAltcoin.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 59326.41 (-0.13%)
Объем 24H $29.321b
Изменеия 24h: 2.86 %, 7d: -7.79 %
Cегодня L: $58864.62 - H: $59800.38
Капитализация $1168.34b Rank 1
Цена в час новости $ 42323.1 (40.18%)

bitcoin analyst bitquant january highs reach all-time

Источник: captainaltcoin.com

bitcoin analyst → Результатов: 126


Bitcoin (BTC) Is Expected to Crash 21% Again, Here’s Why

A popular crypto analyst on Tradingview is warning investors to brace for another significant decline in Bitcoin’s price in the lead-up to the upcoming halving event. The analyst, who goes by the name “Xanrox ” on the platform, released a detailed technical analysis suggesting Bitcoin could plummet by as much as 21% from its current […] The post Bitcoin (BTC) Is Expected to Crash 21% Again, Here’s Why appeared first on CaptainAltcoin.

2024-4-17 19:30


Breaking Key Bitcoin Resistance Enables “New ATHs Every Single Time” According to Top Analyst – Here’s His BTC Outlook

According to prominent crypto analyst Rekt Capital, Bitcoin is approaching a crucial technical level that, if broken, could set off a new parabolic bull run. In his latest video, Rekt Capital discusses the major resistance zone between $58,000 and $69,000, emphasizing how turning this area into support is key for Bitcoin’s next rally.

2023-11-9 19:30


Why SEC Has ‘No Choice’ but to Approve the Bitcoin Spot ETF, Despite Recent Delay – Top Analyst

The Securities and Exchange Commission (SEC) has postponed decisions on several proposed Bitcoin exchange-traded funds (ETFs), including a high-profile application from BlackRock. The delay comes amid an expected government shutdown, but crypto analyst Crypto Rover asserts approval is inevitable given mounting legal pressure and impending deadlines.

2023-9-29 10:39


Bitcoin may be near its next leg up – analyst says

Canaccord Genuity analyst sees upside in Bitcoin to over $38,000. Javed Mirza explained his bullish view in a research note today. Bitcoin is already up about 80% versus the start of the year. It’s a suitable time for long-term investors to build their positions in Bitcoin as the chart suggests it may be about to […] The post Bitcoin may be near its next leg up – analyst says appeared first on CoinJournal.

2023-7-20 22:33


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Maximizing Profits in 2024: A Comprehensive Look at ValueZone.AI

ValueZone has become a top choice in the cryptocurrency market for its array of tools designed with the goal of simplifying trading. This review will explore its comprehensive review, and main features, such as automated trading bots, plans and pricing etc.

Dogecoin and Filecoin Investors Shift Focus to Raffle Coin After Impressive Presale Outcomes

Following impressive initial presale outcomes, investors from the Dogecoin and Filecoin communities are shifting their focus toward Raffle Coin. Encouraged by its early success and the potential for substantial financial rewards, these investors are looking to Raffle Coin as a strategic addition to their portfolios, seeing it as an opportunity to capitalize on the next […] The post Dogecoin and Filecoin Investors Shift Focus to Raffle Coin After Impressive Presale Outcomes appeared first on CaptainAltcoin.