Bitcoin

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 According to a well-known cryptocurrency analyst and trader, Bitcoin (BTC) is expected to rise by triple digits in the upcoming months. 
 According to a pseudonymous expert, CredibleCrypto, who has 343,800 followers on Twitter, Bitcoin will rise to a price of over $70,000 this year, a 135% increase from where it is currently trading. 
 “$70,000+ this year, in case I wasn’t clear before.” 
 However, before the significant rally that CredibleCrypto anticipates begins, Bitcoin may trade in a range, the analyst claims. 
 “We got that strength and our green zone held [around the $29,000 price level]! That may very well have been our bottom- that being said, this move up so far still looks corrective, and we have a sharp rejection on lower time frames, so do not be surprised if we chop around for a bit longer before the mega move up starts. Don’t lose sight of the big picture here, and don’t flip bearish if we move down a bit from here either- anything above $25,000 is a gift.” 
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 Source: CredibleCrypto/X 
 The unnamed researcher predicts that when the price of Bitcoin surges past the all-time high it reached in November 2021, which was just over $69,000, it will encounter its first resistance at the cost of over $100,000. 
 “$100,000+ is what I’m expecting for the end of the move that breaks prior all-time high. It will come a few months after we break the all-time high. If we break the all-time high this year, that could mean $100,000 this year or early next.”  
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Bitcoin Predicted To Skyrocket 130% By 2023 End, With A Catch

TheBitTimes

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