{"id":133675,"date":"2024-07-22T17:00:15","date_gmt":"2024-07-22T14:00:15","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=133675"},"modified":"2024-07-22T14:57:54","modified_gmt":"2024-07-22T11:57:54","slug":"top-trader-predicts-bitcoin-surge-to-100000","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/top-trader-predicts-bitcoin-surge-to-100000\/","title":{"rendered":"Top Trader Predicts Bitcoin Surge to $100,000"},"content":{"rendered":"<p>Bluntz, a top trader at Bybit, has shared that <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin<\/a> <\/strong>is undergoing a five-wave bullish pattern. According to Elliott Wave theory, this pattern typically involves three upward movements and two corrective phases.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">current <a href=\"https:\/\/twitter.com\/hashtag\/btc?src=hash&amp;ref_src=twsrc%5Etfw\">#btc<\/a> weekly is an absolute monster and has been up only from last weeks lows.<\/p>\n<p>i suspect a pullback comes from horizontal resistance around 71k after everyone sidelined has successfully fomo&#8217;ed back in.<\/p>\n<p>markets are very efficient at doing that. <a href=\"https:\/\/t.co\/8bWqttLLUc\">pic.twitter.com\/8bWqttLLUc<\/a><\/p>\n<p>\u2014 Bluntz (@Bluntz_Capital) <a href=\"https:\/\/twitter.com\/Bluntz_Capital\/status\/1814773579030147476?ref_src=twsrc%5Etfw\">July 20, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Bluntz observes that Bitcoin&#8217;s recent performance has been notably strong since the July 8 lows. He anticipates a potential pullback to around $71,000 before the price could rise significantly, possibly reaching up to $110,000.<\/p>\n<p>This expected dip is seen as part of the normal pattern where investors rush in during market rallies, often driven by FOMO (fear of missing out).<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/top-trader-shares-his-bearish-prediction-for-bitcoin\/\" title=\"Top Trader Shares His Bearish Prediction for Bitcoin\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/07\/pexels-bitcoin-5261112_1280-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Top Trader Shares His Bearish Prediction for Bitcoin<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Currently, Bitcoin is valued at $68,148, reflecting a slight daily increase of over 1%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A well-known crypto analyst, recognized for pinpointing market lows, now predicts that Bitcoin (BTC) is on track to exceed $100,000.<\/p>\n","protected":false},"author":3,"featured_media":92611,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[],"class_list":["post-133675","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Top Trader Predicts Bitcoin Surge to $100,000<\/title>\n<meta name=\"description\" content=\"A well-known crypto analyst, recognized for pinpointing market lows, now predicts that Bitcoin (BTC) is on track to exceed $100,000.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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