Crypto Pundit Who Correctly Called The Bitcoin Price Surge From $15,400 To $100,000 Reveals What’s Next
Crypto pundit Crypto Michael, who correctly called the Bitcoin price surge from $15,400 to $100,000, has revealed what is next for the flagship crypto. Based on his revelation, Bitcoin still has enough room in this marke...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Crypto pundit Crypto Michael, who correctly called the Bitcoin price surge from $15,400 to $100,000, has revealed what is next for the flagship crypto. Based on his revelation, Bitcoin still has enough room in this market cycle before its price peaks.
What Next For The Bitcoin PriceIn an X post, Crypto Michael stated that when the Bitcoin price breaks $108,000, it will ignite a parabolic rally of immense proportions. The analyst seemed confident in this happening as he revealed how he had literally called every Bitcoin move since the $15,000 bottom to perfection. He also noted that his target since BTC was at $15,000 was the $108,000 trendline, which was hit.
However, he believes that the Bitcoin price isn’t done yet, and he advised market participants to be ready for the parabolic rally that could come once BTC breaks $108,000. Although the crypto pundit believes Bitcoin has more room to rally to the upside, he failed to reveal how high the flagship crypto could go once it breaks above $108,000.
Meanwhile, in another X post, Crypto Michael predicted that the next leg up should begin soon for the Bitcoin price, a move that could lead to a break above the $108,000 resistance. The analyst suggested that this move will likely happen soon, noting that his Bitcoin fractal has played out to perfection so far.
Indeed, the Bitcoin price could be ready for its next leg up. Crypto analyst Ali Martinez revealed that capital inflows into the crypto market are starting to pick up. $6 billion has been added in the past week, which the analyst noted is a sign of renewed momentum. The first step would be for Bitcoin to reclaim the $100,000 price level, which could lead to higher prices.
$116,000 Could Be The Next Stop For BTCCrypto analyst Titan of Crypto suggested that $116,000 could be the next stop for the Bitcoin price. In an X post, he revealed that the asset is currently forming a symmetrical triangle. The analyst added that a breakout to the upside could send the flagship crypto to $116,000. The analyst had before now predicted that BTC could rally to as high as $180,000 in this market cycle.
Crypto analyst Crypto Jelle also suggested that the Bitcoin price could rally to as high as $116,000 on its next leg up. He noted that BTC’s local downtrend had been broken and retested. He then raised the possibility of the flagship crypto reclaiming the $100,000 level. His accompanying chart showed that $108,000 would be the resistance level to break if BTC reclaims $100,000. Once it breaks $108,000, then a rally to $116,000 looks imminent.
At the time of writing, the BTC price is trading at around $98,300, up over 1% in the last 24 hours, according to data from CoinMarketCap.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on NewsBTCRelated market context
Michael Saylor Posts ‘Bitcoin Drive Engaged,’ Highlights 200-Week Moving Average as Key Bitcoin Level
The comments come as BTC trades close to the four-year trend indicator, while Strategy’s continued focus on its Bitcoin treasury k...
If Bitcoin breaks $62k over the weekend, a $1.1B short overhang stands ready to pull price down to $60k
Bitcoin enters the weekend near $62,900, less than 1% above the July 31 intraday low, and Deribit has already settled roughly $9.6...
Coldcard’s $89M wallet bug triggers the biggest Bitcoin movement since FTX and completely distorts market signals
Coldcard’s wallet crisis has shaken Bitcoin sentiment, blurred on-chain signals and exposed a recurring weakness in AI-assisted cy...
One Company Owns 4.8% of All Ethereum in Circulation: Ethereum Price Prediction Hasn’t Reacted Yet
In the latest Ethereum price prediction, ETH price is trading at $1,852.60, down 0.33% in the last 24 hours, even as one of its la...
Is Saylor’s Strategy Selling Again? Lookonchain Claims Company Moved 299.84 BTC
A wallet potentially linked to Strategy moved 299.84 BTC, worth about $18.91 million, a transfer flagged by onchain tracker Lookon...
Trump Media’s bitcoin stash may be down to loan collateral after $165 million BTC move
Wallets tied to the Truth Social parent now hold about as much bitcoin as the company previously pledged as note collateral, makin...