What Significant Levels Are Expected for Bitcoin?
What significant levels are expected for Bitcoin? Here are the Bitcoin predictions of the most popular analysts.
Recently, the leading cryptocurrency Bitcoin (BTC) broke the $ 11,000 resistance and hit $ 11,350 - some 11,500 on some exchanges - bringing new predictions. Bitcoin (BTC) analysts focused on new levels of resistance as the $ 11,000 resistance broke. Although there are talk among analysts that the new resistance level is at $ 12,000, it doesn't seem easy to happen.
According to Carlos Terenzi, a prominent crypto analyst, if the leading crypto Bitcoin can break the $ 12,450 level, it could see its previous high of $ 13,800. It is stated that for this to happen, the bull trend must continue.
Popular
cryptocurrency analyst PlanB says that the Bitcoin (BTC) price seeing the $ 11,000 level could open the door for a new bull run. The successful analyst, who made his predictions according to his invention of the Stock Flow (S2F) Model, states that according to the model, Bitcoin could see $ 100,000, an increase of over 784 percent.
Constantin Anissimov, CEO of CEX.IO, reminds that the price range of $ 10,330 and $ 11,130 are key points for
Bitcoin and thinks the next stop will be $ 12,500. In the opposite case, the analyst says it seems likely that Bitcoin will fall back to the $ 9,500 level.
In addition to these ideas, many analysts agree that if the leading crypto currency Bitcoin continues to rise along with altcoins.