Analyst Predicts Sharp Surge
Crypto analyst BitQuant, who accurately predicted Bitcoin’s rise to $73,000 in 2024, has unveiled a new target: $95,000.
Single Move
BitQuant believes Bitcoin can reach this target in a single move, representing a 50% increase from its current level.
Timing Uncertain
The analyst doesn’t speculate on the exact timing of the move but advises investors to be patient.
‘Cup and Handle’ Pattern
Another analyst, Mikybull, has identified a ‘cup and handle’ pattern on Bitcoin’s chart, suggesting a potential breakout.
$250,000 Still Possible?
BitQuant previously predicted Bitcoin could peak at $250,000 during the current bull cycle. While this target has not been mentioned recently, the analyst’s current predictions suggest a possible path towards it.
Next Steps
BitQuant expects Bitcoin to first reach $49,000, then $75,000, before the final surge to $95,000.
