Bitcoin

<p>Bitcoin has reached $46,000 for the first time since January 12. This comes after Bitcoin held support above $44,600, which<a href="https://twitter.com/CredibleCrypto/status/1755800131872366939?t=rdYF6j2PlIbB-epOez3MTg&amp;s=19" target="_blank" rel="nofollow"> CrediBULL Crypto</a> had previously noted was an important level.</p> 
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<h2 class="wp-block-heading" id="outlook-for-further-upside">Outlook for Further Upside</h2> 
<p>Previously, CrediBULL Crypto had noted that if Bitcoin could hold support above $44,600, that would confirm his bullish outlook and point to accelerated upside ahead. When Bitcoin recently held the $44,600 level and printed what CrediBULL Crypto called a “beautiful impulse” higher, that confirmed to him that his most bullish scenario is now playing out.</p>  
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<p>Now that the $44,600 support level has held, CrediBULL Crypto believes the local invalidation point is $45,200. As long as Bitcoin holds above $45,200 on any pullbacks, he expects to see more upside impulses ahead, with Bitcoin going “much, much higher.” His outlook calls for some consolidation and choppy/sideways price action in between these impulsive upside moves. But overall he sees this bullish momentum continuing based on Bitcoin confirming the key support level.</p> 
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<p>The post <a href="https://captainaltcoin.com/bitcoin-hits-46k-but-crypto-analyst-says-btc-going-much-higher-heres-his-outlook/">Bitcoin Hits $46k, but Crypto Analyst Says BTC Going “Much Higher” – Here’s His Outlook</a> appeared first on <a href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Bitcoin Hits $46k, but Crypto Analyst Says BTC Going “Much Higher” – Here’s His Outlook

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