Bitcoin

<ul class="news-points"> 
 <li>CryptoCon predicted in an X post yesterday that BTC may surge to as high as $45.5K as soon as November.</li> 
 <li>According to the post, BTC has entered into a new phase in its current cycle.</li> 
 <li>Meanwhile, at press time, BTC was trading hands at $34,601.44 after a 1.71% gain over the past 24 hours.</li> 
</ul> 
The cryptocurrency technical analyst CryptoCon predicted in an X post yesterday that <a href="https://coinedition.com/tag/bitcoin-btc-news/">Bitcoin (BTC)</a> may rise to as high as $45.5K soon. This was after the market leader’s price entered into a new phase in its current cycle, according to the analyst. 
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 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Welcome to Mid-Cycle phase 4 This is the time when <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Bitcoin</a> is in between heading to the cycle Mid-Top which is now about 45.5k. Price has typically come over this. Interestingly, when phase 2 is over, it's usually a launch straight to phase 5, which means 45k could be soon!… <a href="https://t.co/uGsEcUqb5q" target="_blank" rel="nofollow">pic.twitter.com/uGsEcUqb5q</a>— CryptoCon (@CryptoCon_) <a href="https://twitter.com/CryptoCon_/status/1717195023500923286?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">October 25, 2023</a>
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In the post, CryptoCon shared that BTC has entered into the fourth phase of its mid-cycle. As a result, the cryptocurrency is between heading to the “mid-top” of the cycle, which is around $45.5K. 
The analyst added that the conclusion of phase 2 is usually followed by a direct move…
The post <a rel="nofollow" href="https://coinedition.com/btc-enters-new-phase-prompts-analyst-to-predict-45-5k-target/">BTC Enters New Phase; Prompts Analyst to Predict $45.5k Target</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.

BTC Enters New Phase; Prompts Analyst to Predict $45.5k Target

Coin Edition

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