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<p>The post <a href="https://coinpedia.org/price-analysis/bitcoin-golden-cross-btc-price-all-set-to-hit-97k-soon/">Bitcoin Golden Cross: BTC Price All Set To Hit $97K Soon</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>The recent fluctuations in the trade price of <a href="https://markets.coinpedia.org/bitcoin/">Bitcoin (BTC)</a> have sparked intense speculation and analysis within the cryptocurrency community. With BTC currently trading at $70,660, representing a 5.5% increase over the last 24 hours, analysts and traders closely monitor its movement for potential signals of future trends.&nbsp;</p> 
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   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> $97,000's target in sight.<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;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>A Golden cross just occurred. <br>As expected the death cross was a fake one.<br><br>The bull flag is playing out. <br><br>Once the ATH gives in it's a matter of time for <a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw">#BTC</a> to reach the target. <br><br>The market has its ways to drive you crazy.<br><br>Patience. <a href="https://t.co/g9tBdHLf39">pic.twitter.com/g9tBdHLf39</a></p>— Titan of Crypto (@Washigorira) <a href="https://twitter.com/Washigorira/status/1773666639004750167?ref_src=twsrc%5Etfw">March 29, 2024</a>
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<h2 class="wp-block-heading" id="h-a-peek-into-bitcoin-s-future"><strong>A Peek into Bitcoin’s Future</strong></h2> 
<p>The Titan of Crypto, a well-established figure in the crypto analysis realm, recently took to X to share profound <a href="https://twitter.com/Washigorira/status/1773666639004750167?t=ck8JhTuVoF7nMF2h_2Mv0w&amp;s=19">insights </a>into Bitcoin’s potential trajectory, hinting that $97000 might be the next milestone. Even though there was a death cross on the daily timeframe recently, the expert thinks that a bull flag pattern is emerging, a sign of an upward trend. But investors should be careful while they wait for proof in the next few days that the death cross is real or fake.</p> 
<p>Speculating on the next move, the Titan suggests that a weekly candle closure above the critical $70000 support could pave the way for the ambitious target of $97k.</p> 
<p>This prediction stands out because of the apparent extremely bullish momentum in the market. The analyst ventures further, stating that given the current robust momentum, there’s a noteworthy possibility that the projected $97k target might be attained even before halving.</p> 
<p>Also Check Out The: <a href="https://coinpedia.org/price-analysis/solana-inches-towards-200-will-the-bulls-manage-to-keep-up-the-rally-reach-250-in-april-2024/">Solana Inches Towards $200: Will the Bulls Manage to Keep Up the Rally &amp; Reach $250 in April 2024?</a></p> 
<h2 class="wp-block-heading" id="h-stay-alert-correction-is-also-in-sight"><strong>Stay Alert: Correction is Also in Sight</strong></h2> 
<p>Another analyst warns of potential market correction after BTC surges suddenly to $75,000 on March 27. Such a move could lead to significant losses for leveraged traders and a sharp decline in the prices of other cryptocurrencies. Plus, it is predicted that Microstrategy’s stock (MSTR) will soar to $2,000 per share in response to BTC’s upward movement.</p> 
<p>However, channeling the current market mania, Titan of Crypto urges investors to stay calm, emphasizing the recent appearance of a Golden cross and the resilience of the bull flag pattern. Bitcoin has all the changes to hit the new ATH. The analyst believes that BTC’s path to the $97,000 target is clear, all you need to do is wait and watch.</p> 
<h2 class="wp-block-heading" id="h-market-mania-starts-with-halving-nbsp"><strong>Market Mania Starts with Halving&nbsp;</strong></h2> 
<p>Meanwhile, the imminent Bitcoin halving event, expected in 24 days, adds further anticipation to the market dynamics. Historically, <a href="https://coinpedia.org/beginners-guide/what-is-bitcoin-halving/">Bitcoin halving</a> cycles have led to significant price surges, with past patterns indicating a 100% increase in BTC’s trade price within 365 days post-halving. This upcoming event could allow those not currently invested in Bitcoin to enter the market despite the potential price fluctuations.</p> 
<p>Read More: <a href="https://coinpedia.org/price-analysis/litecoin-barges-through-100-ahead-of-quarterly-close-has-the-race-to-200-just-began/">Litecoin Barges Through $100 Ahead of Quarterly Close: Has the Race to $200 Just Began?</a></p> 
<p><strong>Crypto lovers, hang on—the real action is 20 days away. Will Bitcoin repeat history? Time will tell.</strong></p>

Bitcoin Golden Cross: BTC Price All Set To Hit $97K Soon

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