Analyst Says Bitcoin Could Be Primed for $120K with Traders Also Backing 99Bitcoins Token

  • 📰 Crypto_Potato
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

Crypto Blog

This analyst believes Bitcoin could see a 78% rise before the end of the year, based on how the DXY is shaping up.

Given the magnitude of the DXY’s potential decline that Tardigrade expects, his six-figure Bitcoin target starts to look more plausible. However, if the current momentum propels price past $67,500, Thielen’s analysis suggests new record highs could be on the horizon.The coin is up 2% since yesterday and is now hovering around the $67,100 level.for two straight weeks, so things are starting to look very promising for Bitcoin bulls.

Those tokens can then be used to unlock premium content, trading signals, and other exclusive benefits.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 568. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Spot Bitcoin, Ether ETFs Get Official Approval in Hong Kong; 'Potential Fee War' Unfolding, Says AnalystKrisztian Sandor is a reporter on the U.S. markets team focusing on stablecoins and institutional investment. He holds BTC and ETH.
Source: CoinDesk - 🏆 291. / 63 Read more »

Bitcoin halving was 'not priced in' despite recent correction, analyst saysBitcoin value expectations were not priced in prior to the halving event, despite BTC falling 7% in the past week, an analyst said.
Source: TheBlock__ - 🏆 464. / 53 Read more »

Bitcoin Chops Around $64K, With Japanese Yen's Tumble Maybe Signaling 'Currency Turmoil,' Analyst SaysKrisztian Sandor is a reporter on the U.S. markets team focusing on stablecoins and institutional investment. He holds BTC and ETH.
Source: CoinDesk - 🏆 291. / 63 Read more »

Ether and bitcoin derivatives traders are losing confidence in the potential for higher prices, analyst saysAn analyst says that implied volatility of ether and bitcoin at-the-money options signals lower confidence in the potential for higher prices.
Source: TheBlock__ - 🏆 464. / 53 Read more »

Bitcoin (BTC) at End of Correction, Top Analyst SuggestsTop market analyst says Bitcoin (BTC) is at end of its correction
Source: Utoday_en - 🏆 295. / 63 Read more »

Bitcoin options positioning anticipates summer slowdown, analyst saysBitcoin derivatives traders are positioning themselves for a summer lull in market activity, according to an analyst.
Source: TheBlock__ - 🏆 464. / 53 Read more »