Crypto Market Is On The Verge Of Massive Boom, As BTC Races To New ATHs – New BTC Prediction Is Out

Crypto analysts are seeing a bright future for digital assets’ prices. The online publication the Daily Hodl notes that crypto market analyst Pentoshi thinks that Bitcoin’s run-up is giving traders a prime opportunity.

Be believes that Bitcoin moving higher before dragging the crypto market up creates an opportunity to compound BTC profits with altcoins.

If $Btc up + alts down it’s truly a great opportunity historically because you get to ride Btc to new ath’s then compound alts to ath’s

Why better opportunity to achieve your goals than that for those who get it

When you’ve experienced multiple cycles you know. Take what we get

— Pentoshi Won’t Dm You. hates Dm’s. DM’s are scams (@Pentosh1) October 11, 2021

At the moment of writing this article, BTC is trading in the green and the coin is priced at $57,435.80.

Check out another prediciton that he made on Twitter:

$BTC thread update: 58k hit, so far so good
So what next?

I think best case scenario for dip hunters now is 53-55k for a HL

Def feels like a lot of people are offside since much lower, and #Bitcoin is in a new trend

ATH’s seem almost certain for Q4 https://t.co/w5SrikvdlC pic.twitter.com/EvLGzIAtRd

— Pentoshi Won’t Dm You. hates Dm’s. DM’s are scams (@Pentosh1) October 12, 2021

He also said that BTC is moving higher and higher and the dips are getting shallower.

If $Btc up + alts down it’s truly a great opportunity historically because you get to ride Btc to new ath’s then compound alts to ath’s

Why better opportunity to achieve your goals than that for those who get it

When you’ve experienced multiple cycles you know. Take what we get

— Pentoshi Won’t Dm You. hates Dm’s. DM’s are scams (@Pentosh1) October 11, 2021

He’s not the only one bullish on BTC. Analyst Nicholas Merten is looking at one key metric to explain what’s fueling Bitcoin’s bull run.

He recently said that investors are holding Bitcoin (BTC) for longer and longer periods of time. This is why he believes that BTC can hit $100k by the end of 2021.