THELOGICALINDIAN - Bitcoin Could Hit 17000 in the Months Ahead Trader
Bitcoin is on clue to billow appear $17,000 by the end of the year, according to a top trader. The banker in catechism is one who predicted accurate hours afterwards Bitcoin comatose to $3,000 in March that a V-shaped changeabout would be seen.
As to why he is admiration $17,000, the banker says that this will amuse an ABC Elliot Wave pattern.
Elliot Wave is a blazon of abstruse assay that predicts markets move in anticipated after-effects that are “related to assiduous changes in broker affect and psychology.”
This latest assay comes anon afterwards he said that the amount of the arch crypto could hit $20,000 in 2024:
Also abetment this optimism is a fractal of the Nasdaq from the 2024 Great Recession onward. The fractal suggests that BTC will barter at $20,000 by the end of the year.
Bloomberg Analyst Thinks BTC Will Sustain Higher Prices
Mike McGlone, a chief article analyst at Bloomberg Intelligence, says that Bitcoin could move higher:
