Bitcoin

<p>The post <a rel="nofollow" href="https://coinpedia.org/bitcoin/btc-price-prediction-expert-predicts-a-surge-to-300000-for-bitcoin-after-halving/">BTC Price Prediction: Expert Predicts a Surge to $300,000 For Bitcoin After Halving</a> appeared first on <a rel="nofollow" href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>Brace yourselves, crypto enthusiasts, as Bitcoin is poised to break records and soar to unprecedented heights. That’s the daring prediction from a widely-followed crypto expert, CrediBULLCrypto, who foresees a skyrocketing Bitcoin journey toward the moon in 2023.</p> 
<h2 class="wp-block-heading" id="h-this-is-just-the-beginning"><strong>“This Is Just the Beginning”</strong></h2> 
<p>According to CrediBULLCrypto, the flagship cryptocurrency is slated for a parabolic advance this year, positioning Bitcoin on the launchpad for stratospheric success.&nbsp;</p> 
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   <p lang="en" dir="ltr">New all time highs on <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> in 2023 followed by the longest and most devastating bear market that we have seen since Bitcoin's inception (think .com bust but for crypto) followed by the next decade+ long secular bull market for crypto akin to what we've seen on tech stocks since… <a href="https://t.co/f7kuP62Tdd">https://t.co/f7kuP62Tdd</a></p>— CrediBULL Crypto (@CredibleCrypto) <a href="https://twitter.com/CredibleCrypto/status/1678626759237943296?ref_src=twsrc%5Etfw">July 11, 2023</a>
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<p>The analyst’s precise destination for this bull run is elusive. Still, one thing is clear – it’s expected to be a jaw-dropping figure somewhere under $300,000. In an enlightening conversation with an inquisitive Twitter user, the renowned crypto pundit expounded on his forecast.&nbsp;</p> 
<p>The user queried whether Bitcoin’s potential peak in 2023 might rule out the possibility of further ascension into 2024, to which CrediBULLCrypto responded affirmatively, hinting at a continuation of the bull run into 2024.</p> 
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   <p lang="en" dir="ltr">I expect this next parabolic advance to take us to new all time highs this year. I don’t know where the parabolic advance will end except that it typically happens a few months after we break the old highs and should be under 300k. That could mean that we see our high for this…</p>— CrediBULL Crypto (@CredibleCrypto) <a href="https://twitter.com/CredibleCrypto/status/1678641287560597504?ref_src=twsrc%5Etfw">July 11, 2023</a>
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<p>As of now, Bitcoin hovers around $30,415, affirming its dominance and bullish trend in the crypto realm by surmounting the challenges posed by the 50-, 100-, and 200-day Exponential Moving Averages (EMA). This display of resilience offers a solid foundation for the imminent breakout.</p> 
<p>Market watchers now keenly anticipate the Consumer Price Index (CPI) report, expected to introduce a dose of volatility into the mix. With predictions placing the CPI at around 3.1%, an affirmative reading could give Bitcoin the necessary momentum to shatter the $30,500 ceiling and forge a new high.</p> 
<p>Evidence from the Fibonacci Retracement Indicator reveals the Bitcoin juggernaut’s trajectory towards the 50% Fib level at $30,900. This bullish sentiment is echoed by both the Relative Strength Indicator (RSI) and the Awesome Oscillator (AO), both signaling escalating momentum.</p> 
<p>Bottomline is Bitcoin appears primed for a paradigm-shifting adventure in the financial cosmos. The crypto market, it seems, is bracing for a seismic shift that will forever alter the trajectory of Bitcoin, the leading light of the crypto universe. The only question that remains is, are you ready to be a part of this exhilarating ride?</p>

BTC Price Prediction: Expert Predicts a Surge to $300,000 For Bitcoin After Halving

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