A historic $2 billion liquidation event ignites debate on the crypto market’s recovery, with analysts divided over Bitcoin’s influence on a potential February altcoin season.
Analysts are divided on whether February will see an altcoin season following a historic $2 billion liquidation in the crypto market. Predictions range from optimism for a February altcoin boom to warnings of a prolonged recovery period.
Crypto analyst CryptoCon predicts a bullish Bitcoin run, suggesting the price could reach $122,000. Using indicators like the Golden Multiplier Ratio and Magic Bands, he expects significant gains, possibly reaching $134,000 by late 2025. Analyst CrediBULL Crypto also sees potential for Bitcoin to surpass $100,000, barring any major setbacks.
Bitcoin's price rally has a new bullish forecast of $109,000 by 2024 as momentum builds, breaking $67,000. Analyst 'CryptoCon' links historical trends to predict continued gains, emphasizing the unlikely occurrence of a recession or bear market soon.
CryptoCon has predicted a new all-time high for Bitcoin in its latest analysis post.
CryptoCon, a cryptocurrency analysis company, has revealed the start and end dates of the upcoming Bitcoin bull run.
Crypto analyst CryptoCon believes Bitcoin's current price movement mirrors that of September 2016 and predicts it will reach new highs. Another analyst, Mikybull Crypto, supports this view, forecasting a parabolic rally. Both analysts see Bitcoin overcoming its recent setbacks to achieve significant price increases.
Veteran analyst CryptoCon updates his Bitcoin price prediction following recent events.
A crypto analyst, CryptoCon, maintains that Bitcoin will achieve new all-time highs by late 2025 despite market volatility.
Crypto analyst CryptoCon predicts Bitcoin will reach $109,000 by December 2024 based on the Fibonacci extension indicator. If the '1-month-behind 2023' trend continues, Bitcoin could surpass $100,000 and reach a new local high.
Bitcoin might break the $70,000 resistance level, possibly surging to $90,000 as analyzed by CryptoCon, using 'Magic Bands' to identify crucial levels in different market cycles.
Analyst CryptoCon suggests Bitcoin hasn't reached its cycle top despite hitting $73,000, indicating two more phases before an all-time high in April 2025.
Bitcoin may see a 35% surge, reaching $91,500 in 2024, according to analyst CryptoCon, who uses the Magic Bands model to predict price movements. The cycle top could be around $123,000 by 2026.
The Federal Reserve kept interest rates steady at 5.25%-5.5%, leading to volatility in the crypto market. Analyst CryptoCon predicts Bitcoin will rise to $91,539, eventually peaking at $123,832 during its cycle.
Analyst CryptoCon predicts Bitcoin will surge to $91.5K despite Federal Reserve's hawkish tone, aiming for an all-time high of $123,982.
Crypto analyst CryptoCon highlights $57,938 as the crucial resistance level for Bitcoin. This price point is pivotal for determining Bitcoin's future price trajectory.
CryptoCon suggests $57,938 is critical for Bitcoin's price rally; it's a healthy correction signal, not bearish. Bitcoin's strength is evident as it maintains support levels. Analysts forecast a parabolic move and a potential peak by October 2025, though hinting some investors may face 'pain' in the short term.
Crypto analyst CryptoCon uses 'magic boxes' to chart Bitcoin's price progression and forecast upcoming milestones, generating intrigue as the currency exhibits significant fluctuations.
Bitcoin's strong performance in March has sparked speculation for April, with CryptoCon analyzing historical trends to predict what's next.
