Rally

2024

Bitcoin

James

Coin

<ul class="news-points"> 
 <li><strong>A crypto analyst identified as CryptoGuru predicts a BTC to hit $61,000.</strong></li> 
 <li><strong>According to CryptoGuru, several chart formations support an imminent breakout for BTC ahead of a significant upward rally.</strong></li> 
 <li><strong>The analyst noted that Ferrari announced it would start accepting DOGE for payments</strong></li> 
</ul> 
<p>Self-styled cryptocurrency analyst James CryptoGuru has predicted a $61,000 target for <a href="https://coinedition.com/what-is-bitcoin-everything-you-need-to-know/">Bitcoin</a> soon. In a recent post on X, the vibrant analyst displayed various chart setups and a combination of indicators to show that the flagship crypto is aiming for higher prices.</p> 
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   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/BITCOIN?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#BITCOIN</a> TRADE TARGET $61,000 &amp; <a href="https://twitter.com/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$DOGE</a> BREAKING NEWS!!! <a href="https://twitter.com/search?q=%24btc&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$btc</a> <a href="https://twitter.com/search?q=%24doge&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$doge</a> <a href="https://twitter.com/search?q=%24qubic&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$qubic</a> <a href="https://t.co/cAerjhjexY" target="_blank" rel="nofollow">pic.twitter.com/cAerjhjexY</a></p>— James CryptoGuru (@Jamyies) <a href="https://twitter.com/Jamyies/status/1759381487236136996?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">February 19, 2024</a>
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<p>CryptoGuru’s initial observation is the growing volume across the daily candles on the BTC/USD chart. The analyst spotted a hammer candle that formed two days ago, confirming it as a significant bullish signal. By scaling down to the 4-hour chart, the technical analyst showed that Bitcoin faces resistance around $52,000. Hence, it is making a sideways movement and generating another bullish signal in the form of a bull flag.</p> 
<p>Notably, CryptoGuru extracted his Bitcoin…</p>
<p>The post <a href="https://coinedition.com/crypto-analyst-predicts-61k-bitcoin-doge-to-rally-as-ferrari-adopts-meme-coin/">Crypto Analyst Predicts $61K Bitcoin, DOGE to Rally As Ferrari Adopts Meme Coin</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Crypto Analyst Predicts $61K Bitcoin, DOGE to Rally As Ferrari Adopts Meme Coin

Coin Edition

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