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Crypto Analyst Tony Severino The Bitcoin price has been updated. Analysts believe that the flagship cryptocurrency is on the verge of a bullish turn, although they warned about the possibility of things going wrong and ending the bull run.
Bitcoin Marks 114 Weeks In Active Buy Signal
Then, you can get in touch with us. X postSeverino has revealed that Bitcoin remains in a buy signal active on SuperTrend Weekly. He also said BTC was in this buy-signal for approximately 800 days. The fact that BTC is in a buy signal for 114 weeks and 800 days, respectively, can only be viewed as a great thing. psychological $90,000 level New highs for the rally
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A sell signal, however, would indicate that the bull’s run is over. The chart that accompanied the report showed how the signal to sell could cause BTC to enter a Supertrend downTrend. This could lead the crypto flagship cryptocurrency as low as $22,000, which could be the highest point of the bull run. the bear market.
Crypto Analyst PlanB recently affirmed The bear market has not yet arrived. It is his belief that Bitcoin’s uptrend will continue and he predicts a price double for the crypto flagship this year. It could result in a BTC parabolic rise to $180,000. Standard Chartered and other experts have predicted that a rally up to $200 000 is feasible this year.
The focus for the moment will be how Bitcoin reacts. Donald Trump’s reciprocal tariffsThe new tariffs will be in effect on 2nd April. BTC dropped to just $77,000 after the previous tariffs. Bitcoin could have priced in the new tariffs and avoid a further downward trend when they are implemented April 2nd.
It is possible to achieve a new ATH this year
Crypto Analyst Titan of Crypto Has also confirmed that Bitcoin might see a brand new record high (ATH). He also noted that BTC is still on an uptrend and the crypto’s flagship has reacted well around the 50-day weekly Exponential Moving average (EMA). He also included a chart showing that Bitcoin may reach a new all-time high (ATH) of $121,000 in the coming months.
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In another X post, he again predicted that Bitcoin could reach this target while revealing a ‘Bump and Run’ pattern which was forming for the flagship crypto. Titan of Crypto said that Uphill will be epic. BTC has a positive side. whales are actively accumulating. Ali Martinez, an expert in cryptography, revealed that 22,000 coins have been removed from exchanges during the past seven days.
Bitcoin’s price has risen by around $87.500 over the last day, reports say. data CoinMarketCap.
Chart from Tradingview.com, image from Unsplash
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Source: www.newsbtc.com
