Bitcoin

when

Read

<ul> 
 <li>Bitcoin (BTC) is heading towards the super cycle phase of the crypto bull cycle.</li> 
 <li>Silver-tongued crypto analysts, Doctor Profit, says that a new cycle ATH is coming.</li> 
 <li>He believes the most bullish scenario will yield a BTC ATH of $220,000 this bull cycle.</li> 
</ul> 
As the crypto market surges unfettered, the <a href="https://coinmarketcap.com/currencies/bitcoin/" target="_blank" rel="noreferrer noopener nofollow">price of Bitcoin (BTC)</a> is almost at the $70,000 mark and analysts expect Bitcoin to break past its previously set ATH of $73,737. In particular, many expect BTC to pump towards $80,000 and race ahead to set higher highs during what they expect to be Bitcoin’s new price discovery phase. 
In particular, one crypto analyst’s predictions stand out over the rest. This is because Doctor Profit has made more accurate crypto market predictions so far over inaccurate ones. To raise expectations once again, <a href="https://x.com/DrProfitCrypto" target="_blank" rel="noreferrer noopener nofollow">Doctor Profit</a> has just shared his latest Bitcoin (BTC) weekly report.&nbsp; 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> – What's Next? The Big Sunday Report: All You Need to Know <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6a9.png" alt="🚩" class="wp-smiley" style="height: 1em; max-height: 1em;"> Technical Analysis (TA), Lifecycle Analysis (LCA), and Psychological Insights Today, we look into each Bitcoin cycle we've witnessed to date, which explains you the current Bitcoin price. Every price range… <a href="https://t.co/sBfa5dPzPP">pic.twitter.com/sBfa5dPzPP</a>— Doctor Profit 
 <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f1e8-1f1ed.png" alt="🇨🇭" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@DrProfitCrypto) <a href="https://twitter.com/DrProfitCrypto/status/1817631330395415011?ref_src=twsrc%5Etfw">July 28, 2024</a>
 </blockquote>
 <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
As we can see from the post above, Doctor Profit’s latest Bitcoin report explores what’s next for Bitcoin. To specify, the report covers Technical Analysis (TA), Lifecycle Analysis (LCA), and carries psychological insights. 
To start off, Doctor Profit gives a brief example of how his previous predictions have played out perfectly. To highlight, he advised holders to exit crypto in 2021 when BTC was at the $60,000 range and this was followed by a crash to $18,000 BTC price. Following this he advised buy the bottom Between $16,000 and $18,000. 
Then came the pre-bull phase when Bitcoin price climbed up from $20,000 to almost $40,000 helped by the BTC ETF bandwagon. After this came the second pre-bull run phase where the BTC ETF excitement took the BTC closer to $50,000. 
Next, Doctor Profit predicted Bitcoin’s rise to $74,000 where the golden bull phase began. He also called the major dips within this phase of the Bitcoin bull cycle. Now, he draws the crypto market attention to what’s coming next, the super cycle. 
He says this phase will see price pumps of 10%-30% on the daily and the first target for Bitcoin (BTC) price in this phase is $86,000. He says higher targets in the <a href="https://cryptonewsland.com/renowned-analyst-doctor-profit-predicts-bitcoin-surge-beyond-100k-after-halving/" target="_blank" rel="noreferrer noopener">l... </a>
<a href="https://cryptonewsland.com/renowned-analyst-doctor-profit-predicts-bitcoin-surge-beyond-100k-after-halving/" target="_blank" rel="noreferrer noopener">The post </a><a href="https://cryptonewsland.com/bitcoin-btc-ath-of-220k-super-cycle/">Bitcoin (BTC) ATH of $220,000 Approaches as the Crypto Super Cycle Begins, Silver-Tongued Analyst Explains</a> appeared first on <a href="https://cryptonewsland.com">Crypto News Land</a>.

Bitcoin (BTC) ATH of $220,000 Approaches as the Crypto Super Cycle Begins, Silver-Tongued Analyst Explains

Crypto News Land

Другие статьи, опубликованные 29 июл. 2024 г.

Yona Network Integrates with Babylon Chain to Bridge Bitcoin and Solana

BNB Chain Eliminates $971M BNB in 28th Quarterly Token Burn

Analyst Identifies New Stage in Bitcoin Miners’ Accumulation Strategy

Tokyo Prepares For DAO TOKYO 2024, Highlighting Japan’s Web3 Leadership

Renowned CEO Says “Altcoins Are Coming for Revenge”, Answers the Question of Whether Altcoin Seas...

Ethereum Spot ETFs Debut in U.S. Exchanges, Supported by Major Issuers

Join our free newsletter for daily crypto updates!