News

Bitcoin Price to double within weeks; renowed analyst claims $BTC Bull run

0
Bitcoin Could Surge To $5000 In Coming Weeks, Analyst Claims
Image Bitcoinist

After the positive volatility that the markets experienced on Friday, Bitcoin price has finally found some stability in the $3,600 region. This is a direct signal that the bulls are just not ready to surrender the recent gains of the cryptocurrency.

Bitcoin Could Surge To $5000 In Coming Weeks, Analyst Claims

Image Bitcoin Magazine

Now, one of the analysts has come out and made a claim that Bitcoin price will be able to surge past the $5000 mark in the coming weeks. This claim comes on the base of the more bullish technical form that has been developing in the formation of the cryptocurrency.

Analyst: $BTC to soon surge to $5000

Bitcoin Could Surge To $5000 In Coming Weeks, Analyst Claims

Image Ethereum World News

As of late, we have seen that Bitcoin has been experiencing volatility on the weekends. This has been typically setting the stone for the proceeding weeks.

Even after facing such volatility, $BTC has seen its least volatile weekend in a long time. This can potentially signal that Bitcoin might have found some stability in the current price levels.

Even though the markets are very quiet. Mitoshi Kaku, a very popular cryptocurrency trader on the social media application Twitter, has claimed that he will not be surprised if $BTC price was to see a surge. And it would surge all the way to $5000 in the coming ten days.

However, another popular crypto analyst on Twitter, UB, has said that he is waiting for Bitcoin price to fall a bit before entering any long positions. He has set the target price around the region of $BTC’s low in the low. This is below the $3,500 mark.

Karan Paul
Persuing law, a fan of football and in the blogging game for half a decade.

The Oscars 2019 : Best Actor and Best Actress Predictions; Bradley Cooper and Lady Gaga at the Forefront

Previous article

Suits Season 8 Episode 14 Promo, Release Date, Spoilers: Harvey Needs to Make a Tough Choice

Next article

You may also like

Comments

Leave a reply

Your email address will not be published. Required fields are marked *

More in News