{"id":134792,"date":"2024-08-02T19:45:40","date_gmt":"2024-08-02T16:45:40","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=134792"},"modified":"2024-08-02T19:28:51","modified_gmt":"2024-08-02T16:28:51","slug":"crypto-analyst-predicts-bitcoin-price-for-the-next-two-weeks","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/crypto-analyst-predicts-bitcoin-price-for-the-next-two-weeks\/","title":{"rendered":"Crypto Analyst Predicts Bitcoin Price for the Next Two Weeks"},"content":{"rendered":"<p>The analyst predicts \u201ca minimum of two weeks of broader market decline.\u201d He also said that he has transferred most of his crypto assets into stablecoins, saying that he will not be taking long positions in the near future.<\/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\/how-ai-and-new-targets-are-transforming-bitcoin-mining-in-2024\/\" title=\"How AI and New Targets are Transforming Bitcoin Mining in 2024\">\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\/2022\/07\/crypto-mining-2-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">How AI and New Targets are Transforming Bitcoin Mining in 2024<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Bluntz specifically stated that Bitcoin (<strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">BTC<\/a><\/strong>) could experience a downtrend with volatile movements for about two more weeks, potentially bottoming out around $60,000 before an eventual recovery.<\/p>\n<p>His analysis of the charts suggests that Bitcoin could reach a new all-time high of $82,000, representing a more than 25% increase from its current price, which hovers above $64,500.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">finally back form holidays and thankfully didnt mis too much.<\/p>\n<p>i think <a href=\"https:\/\/twitter.com\/search?q=%24btc&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$btc<\/a> completed a nice clear 5 wave rise from the 54k lows that took 24 days and were currently only 2 days into an abc correcting that move.<\/p>\n<p>we will probs last another 2 weeks or so of downward chop before\u2026 <a href=\"https:\/\/t.co\/sAnK9U2g92\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/sAnK9U2g92<\/a><\/p>\n<p>\u2014 Bluntz (@Bluntz_Capital) <a href=\"https:\/\/twitter.com\/Bluntz_Capital\/status\/1818819237865242847?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">August 1, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A prominent crypto trader known as Bluntz has predicted bearish trends for the broader cryptocurrency market.<\/p>\n","protected":false},"author":3,"featured_media":98092,"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-134792","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 v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Crypto Analyst Predicts Bitcoin Price for the Next Two Weeks<\/title>\n<meta name=\"description\" content=\"A prominent crypto trader 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