A well-known crypto analyst, Credible Crypto, is predicting a new all-time high for Bitcoin (BTC) by April. This prediction is based on their analysis of current market trends.
Bitcoin’s Price Prediction
Credible Crypto, who boasts a large following on X (formerly Twitter), believes Bitcoin is currently consolidating between $88,000 and $110,000. They expect a dip to the low $80,000s first, shaking out less committed investors before a significant price surge.
According to their chart, this correction will be followed by a rapid rise to a new all-time high of $126,000 by April. However, this prediction hinges on Bitcoin breaking through the $110,000 resistance level. If it doesn’t, the short-term bearish outlook might be wrong.
Current Market Situation
At the time of writing, Bitcoin is trading around $96,616.
Disclaimer: This is just one analyst’s opinion. Investing in cryptocurrency is risky, and you could lose money. Always do your own research before investing.
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