Bitcoin

Coin

<ul class="news-points"> 
 <li><strong>An analyst named Ali predicted that BTC’s price could pump towards the end of the year if history repeats itself.</strong></li> 
 <li><strong>At press time, BTC was changing hands at $29,030.40 following a 24-hour loss of 0.58%.</strong></li> 
 <li><strong>A bearish chart pattern was present on BTC’s daily chart which suggested that a breakout towards the downside is imminent.&nbsp;</strong></li> 
</ul> 
<p>The cryptocurrency trader and analyst Ali revealed in a tweet yesterday that the <a href="https://coinedition.com/bitcoin-btc-price-prediction/" rel="noopener noreferrer nofollow">price trajectory for Bitcoin (BTC)</a> post the 2021 all-time high seems to be mirroring the 2013-2017 bullish cycle. If history repeats itself, the market leader may see its <a href="https://coinedition.com/market/price-analysis/" rel="noopener noreferrer nofollow">price pump</a> towards the end of this year.</p> 
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   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Bitcoin</a> price history could be repeating itself! <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$BTC</a> price trajectory post-2021 all-time high appears to be mirroring the 2013-2017 bullish cycle. <a href="https://t.co/reCbCB8vCJ" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/reCbCB8vCJ</a></p>— Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1687577147181842433?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">August 4, 2023</a> 
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<p>Meanwhile, at press time, CoinMarketCap indicated that <a href="https://coinmarketcap.com/currencies/bitcoin/" target="_blank" rel="noopener noreferrer nofollow">BTC</a> was trading at $29,030.40 after its price dropped 0.58% over the past 24 hours. This negative performance also pushed the cryptocurrency’s weekly performance further into the red, taking the total weekly loss to -1.12%.</p> 
<p>Despite the negative daily performance, BTC was able to outpe…</p> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/btc-could-pump-towards-the-end-of-the-year-predicts-analyst/">BTC Could Pump Towards the End of the Year, Predicts Analyst</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

BTC Could Pump Towards the End of the Year, Predicts Analyst

Coin Edition

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