Bitcoin Price Prediction: Top Analyst Sees BTC Surging To $92K After 3-Month Rally As This New Meme Coin ICO Raises $232K In A Week
The Bitcoin price dropped 2% in the last 24 hours to trade at $58,258 as of 00:41 a.m. EST, even as trading volume skyrocketed 55% to $23 billion. This comes as analyst Titan of Crypto, with almost 92k followers on X, predicts that BTC could break above $92,000 after months of downward movement. Drawing from historical post-halving chart patterns, he suggests that BTC is now on the verge of a three-month rally. #Bitcoin Rally Imminent? 🚀 In previous cycles, when the price retested the 50-week simple moving average 🔴, it bounced at least 40%. On average, the bounce was 71%. If #BTC rallies 71% from here, it could reach $92,000. pic.twitter.com/e3ghGxn3NS — Titan of Crypto (@Washigorira) September 13, 2024 Bitcoin Price Bearish, A Trend Reversal Looming? The Bitcoin price has soared through a markup phase since Sept. 8, surging from $54,112 to $60,771 on September 14, according to data from GeckoTerminal . Bitcoin recovered above the $60,000 psychologic...