Bitcoin

Prominent <a href="https://en.coin-turk.com/" target="_blank" rel="noopener" data-wpel-link="internal">crypto</a> analyst and trader Bluntz suggests that, contrary to widespread belief of a substantial downturn, Bitcoin (BTC), the world&#8217;s largest cryptocurrency, could be on the verge of a significant rally. Here&#8217;s the BTC prediction put forward by the analyst. 
<h2 style="text-align: justify;" id="bluntz-expects-bitcoin-to-surpass-28-800">Bluntz Expects Bitcoin to Surpass $28,800</h2>
Anonymous crypto analyst and trader Bluntz indicated that Bitcoin is showing potential signs of a breakout and expects the leading crypto to move upward. The analyst foresees Bitcoin surpassing $28,800, making the following statement: 
<blockquote>
BTC returned to the range I had marked after moving up and down. After a daily close targeting $28,800, investors will want to buy every dip. Actually, I expected a slower rise after coming below the range, but it was quite sharp. This sharp movement indicates that another sharp move upwards is coming.
</blockquote>
<img decoding="async" loading="lazy" class="aligncenter wp-image-83565 size-full" src="https://en.coin-turk.com/wp-content/uploads/2023/06/btc-1-1.png" alt="" width="1364" height="1130" srcset="https://en.coin-turk.com/wp-content/uploads/2023/06/btc-1-1.png 1364w, https://en.coin-turk.com/wp-content/uploads/2023/06/btc-1-1-205x170.png 205w, https://en.coin-turk.com/wp-content/uploads/2023/06/btc-1-1-768x636.png 768w, https://en.coin-turk.com/wp-content/uploads/2023/06/btc-1-1-1200x994.png 1200w" sizes="(max-width: 1364px) 100vw, 1364px" />
Earlier, when BTC was trading around $27,500, more than a week ago, Bluntz had warned that the leading crypto was signaling danger and predicted a downturn. Indeed, following lawsuits separately filed against Binance and Coinbase by the U.S. Securities and Exchange Commission (SEC), Bitcoin fell below $25,400, a low last seen in March. Remarkably, Bitcoin rebounded quickly from this pullback and rose to $27,300. 
<h2 style="text-align: justify;" id="8220-bitcoin-price-has-bottomed-out-8221">&#8220;Bitcoin Price Has Bottomed Out&#8221;</h2>
Bluntz&#8217;s upward expectation for <a href="https://en.coin-turk.com/junes-exciting-start-in-cryptocurrency-expert-opinion-on-bitcoins-direction/" target="_blank" rel="noopener" data-wpel-link="internal">Bitcoin</a> mirrors that of widely-followed crypto analyst Credible Crypto. Credible Crypto stated that Bitcoin had hit rock bottom following the decline caused by the SEC&#8217;s lawsuits against the two leading crypto exchanges, saying, &#8220;Liquidity was drained severely and refilled perfectly. Then came a strong upward move right after the SEC filed lawsuits against Binance and Coinbase consecutively. If panic-induced liquidations were to happen, this would have been a perfect timing for this drain. All these occurrences lead me to believe that the BTC price may have bottomed out, and there won&#8217;t be a new bottom movement.&#8221; 
<img decoding="async" loading="lazy" class="aligncenter wp-image-83564 size-full" src="https://en.coin-turk.com/wp-content/uploads/2023/06/bitcoin-5.png" alt="" width="1366" height="682" srcset="https://en.coin-turk.com/wp-content/uploads/2023/06/bitcoin-5.png 1366w, https://en.coin-turk.com/wp-content/uploads/2023/06/bitcoin-5-300x150.png 300w, https://en.coin-turk.com/wp-content/uploads/2023/06/bitcoin-5-768x383.png 768w, https://en.coin-turk.com/wp-content/uploads/2023/06/bitcoin-5-1200x599.png 1200w" sizes="(max-width: 1366px) 100vw, 1366px" />
The post <a rel="nofollow" href="https://en.coin-turk.com/anticipated-surge-in-bitcoin-btc-value-prominent-analysts-forecast/" data-wpel-link="internal">Anticipated Surge in Bitcoin (BTC) Value: Prominent Analyst&#8217;s Forecast </a> appeared first on <a rel="nofollow" href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.

Anticipated Surge in Bitcoin (BTC) Value: Prominent Analyst’s Forecast

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