Bitcoin

<ul><li>Crypto trader Crypto Rover believes that Bitcoin could potentially witness a 14% hike.</li><li>The rally would take Bitcoin’s price to a three-month high of $31,500.</li><li>Crypto Rover’s bear case for Bitcoin projected a low of $25,000 upon breaching the $27k level.</li></ul>Popular crypto trader Crypto Rover, recently stated that Bitcoin could witness a 14% rally soon. According to the crypto trader’s projection, the bull case for Bitcoin would value the flagship cryptocurrency at $31,500, if it manages to break past the resistance level at $28,600.Crypto Rover took to X (formerly Twitter) earlier today to share his latest BTC projections:<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/817e35a8c2de40a1a6f797f5dd7f38cd.png" />According to Crypto Rover, BTC’s latest daily chart appeared promising, entailing a potential investment opportunity. The crypto trader told his followers that BTC could hike as much as 14% and reach a three-month high of $31,500. However, Bitcoin would have to beat the bears at the $28,600 level in order to reach that price.The formation of a higher high on the daily timeframe of Bitcoin’s chart confirmed Crypto Rover’s theory. The higher highs represented the beginning of a new uptrend for BTC. As per the crypto trader, $27,220 was a critical support level for Bitcoin, which was expected to remain strong and hold BTC.Read full article at <a href="ryptotale.org/crypto-trader-says-bitcoin-could-reach-a-3-month-high-of-31500/" rel="noopener noreferrer nofollow">CryptoTale.</a>

Crypto Trader Says Bitcoin Could Reach A 3-Month High Of $31,500

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