Cryptocurrency

<ul class="news-points"> 
 <li>A trader predicted in an X post that BTC could reach $137K in August of 2024.</li> 
 <li>At press time, BTC was worth $27,952.35 after its price managed a slight 0.15% increase in the past 24 hours.</li> 
 <li>BTC was trading in a medium-term positive price channel, which suggested that its price may rise in the next few days.</li> 
</ul> 
Cryptocurrency trader, Titan of Crypto, shared his prediction for <a href="https://coinedition.com/tag/bitcoin-btc-news/">Bitcoin’s (BTC)</a> next cycle top in an X post yesterday. By analyzing the historical price data of BTC and plotting the trend lines from a previous cycle’s low to its subsequent high, the trader estimated a potential price target for the upcoming cycle peak. 
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 <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Bitcoin</a> Next Cycle Top at $137,000. <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f51d.png" alt="🔝" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f3af.png" alt="🎯" class="wp-smiley" style="height: 1em; max-height: 1em;"> Bookmark this post titans. Using the price realized <a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#BTC</a> and drawing trend lines from a cycle bottom to one cycle top after, a potential price target for the next cycle top emerges. <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/27a1.png" alt="➡" class="wp-smiley" style="height: 1em; max-height: 1em;"> $137,000 and it would occur in August 2024. Do… <a href="https://t.co/jEOWMAx6YU" target="_blank" rel="nofollow">pic.twitter.com/jEOWMAx6YU</a>— Titan of Crypto (@Washigorira) <a href="https://twitter.com/Washigorira/status/1710682268539212220?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">October 7, 2023</a>
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Based on the trader’s own analysis, BTC could reach approximately $137,000, with this peak expected to occur in August of 2024. In the meantime, the market leader was trading hands at&nbsp; $27,95…
The post <a rel="nofollow" href="https://coinedition.com/bitcoins-btc-next-cycle-top-is-predicted-to-be-137000/">Bitcoin’s (BTC) Next Cycle Top Is Predicted To Be $137,000</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.

Bitcoin’s (BTC) Next Cycle Top Is Predicted To Be $137,000

Coin Edition

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