Bitcoin

Strong

<ul class="news-points">
 <li><strong>Crypto Rover, an analyst and trader, revealed that a breakout chart pattern had formed on BTC’s chart.</strong></li>
 <li><strong>According to the analyst, BTC could either rise to as high as $63K or drop to as low as $12K in the next 5-10 weeks.</strong></li>
 <li><strong>From a shorter-term perspective, BTC was trading in a positive price channel at press time.</strong></li>
</ul>
<p>The cryptocurrency trader and analyst Crypto Rover predicted in an X post yesterday that the market leader <a href="https://coinedition.com/tag/bitcoin-btc-news/" rel="noopener noreferrer nofollow">Bitcoin (BTC)</a> may experience a big price move in the coming 5-10 weeks. In the post, the analyst revealed that a symmetrical triangle had formed on the leading cryptocurrency’s chart.</p>
<p>This specific chart pattern suggests that <a href="https://coinedition.com/bitcoin-btc-price-prediction/" rel="noopener noreferrer nofollow">BTC’s price</a> may break out soon. According to Crypto Rover, a break towards the downside could lead to the cryptocurrency’s price dropping to as low as $12,000. Meanwhile, he also shared that his bullish target for the breakout is at $63,000.</p>
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   <p lang="en" dir="ltr">The next BIG <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Bitcoin</a> move is happening in the coming 5-10 weeks. <br><br>Bearish Target: $12,000<br>Bullish Target: $63,000 <a href="https://t.co/TbDa5ZFdC2" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/TbDa5ZFdC2</a></p>— Crypto Rover (@rovercrc) <a href="https://twitter.com/rovercrc/status/1709649336534176093?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">October 4, 2023</a>
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<p>Meanwhile, over the past 24 hours, BTC was able to record a 24-hour gain. At press time, Coi…</p>
<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/bitcoin-btc-gearing-up-for-a-strong-move-according-to-analyst/">Bitcoin (BTC) Gearing Up for a Strong Move, According to Analyst</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

Bitcoin (BTC) Gearing Up for a Strong Move, According to Analyst

Coin Edition

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