Crypto analyst forecasts stimulating surges, particularly Bitcoin, asserting its robust and thriving condition
BITCOIN: A CASH COW IN HIDING?
In the wild world of cryptocurrency, one analyst with a penchant for calling Bitcoin's moves says it's time to hitch your wagon to this digital goldmine again.
Mystery man Credible, a name whispered in the dark corners of trading platforms, believes Bitcoin is coiled up, ready to burst into another rally.
Credible, who boasts 467K followers on X, a social media platform for the crypto-savvy, suggests that the pressure is building, with Bitcoin demand eating away at sellers above the $90,000 mark.
"Bitcoin aint just healthy, it's downright fit.
We're seeing an impulsive move up, followed by a complete CVD reset, but with the price still climbing.
That's a clear sign of significant buyer appetite. Oh, and funding is negative/neutral too. Sounds like a long play to me."
But, as with any bucking bronco, Bitcoin might buck and kick before it reaches its full potential. According to Credible, altcoins are likely to be left panting in Bitcoin's dust, only catching up once the BTC juggernaut takes down its next record high.
"With Bitcoin looking fierce, there's a good chance it'll lead the pack again on an upswing.
If that happens, we could have a brief window where BTC goes solo before alts start pulling their weight...
That's likely to be followed by an ALT/BTC 'capitulation' move... If BTC hits $125k-$135k, alts like CRV might finally catch their breath and join the party."
At the time of writing, Bitcoin is trading at $94,182.
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Enrichment Data:
Overall:
Ever heard of a crypto pioneer named Credible? This mystery man, with 467K followers on X, a social media platform, predicts Bitcoin is primed to send the crypto market into another round of rallies. Credible bases his forecast on the significant buyer demand swallowing up sellers above $90,000. He further suggests that altcoins are likely to trail behind Bitcoin during this rally but may catch up after Bitcoin reaches a new all-time high.
Several experts share similar sentiments, expecting Bitcoin's price to be bullish, with various price targets such as $110,000 to $120,000[1][2] between mid-2025. Longer-term forecasts predict Bitcoin reaching even higher levels by 2030[3].
[1] [2] [3] source(s) unknown due to limitations of available data.
- Credible, a cryptocurrency analyst, believes Bitcoin is ready for another rally, with buyer demand pushing prices above the $90,000 mark.
- Altcoins might struggle to keep pace with Bitcoin during this bull run, according to Credible, but could catch up once Bitcoin hits a new all-time high.
- The expert on X social media platform predicts Bitcoin could climb to $125,000-$135,000, which, in turn, could lead altcoins like CRV to join the rally.
- Bitcoin is currently trading at $94,182, providing opportunities for investors looking to hitch their wagon to the digital goldmine again.
- Cryptocurrency investors should follow trends and price movements, stay informed through platforms like X, Facebook, and Telegram, and subscribe to email alerts for timely updates.