{"id":144506,"date":"2024-12-11T17:00:09","date_gmt":"2024-12-11T15:00:09","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=144506"},"modified":"2024-12-11T14:07:07","modified_gmt":"2024-12-11T12:07:07","slug":"analyst-predicts-bitcoin-could-hit-150k-by-april-amid-altcoin-optimism","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/analyst-predicts-bitcoin-could-hit-150k-by-april-amid-altcoin-optimism\/","title":{"rendered":"Analyst Predicts Bitcoin Could Hit $150K by April Amid Altcoin Optimism"},"content":{"rendered":"<p>Dave the Wave stated that such a move, representing a 55% jump, would align with historical patterns.<\/p>\n<p>The chart accompanying his analysis highlights <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin&#8217;s<\/a> <\/strong>movement within a broad ascending wedge, suggesting the possibility of BTC reaching $150,000 by April if it touches the wedge\u2019s upper boundary. Dave the Wave noted, &#8220;A BTC move to $150,000 this southern summer would not be extraordinary.&#8221;<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">A <a href=\"https:\/\/twitter.com\/hashtag\/btc?src=hash&amp;ref_src=twsrc%5Etfw\">#btc<\/a> move to 150K this southern summer would not be extraordinary&#8230;\ud83d\ude0e <a href=\"https:\/\/t.co\/KivaXZQgRS\">pic.twitter.com\/KivaXZQgRS<\/a><\/p>\n<p>\u2014 dave the wave\ud83c\udf0a\ud83c\udf13 (@davthewave) <a href=\"https:\/\/twitter.com\/davthewave\/status\/1865860408583901643?ref_src=twsrc%5Etfw\">December 8, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Focusing on the short term, he pointed out that Bitcoin is holding its position within a smaller ascending channel, currently trading near the lower support level. At the time of analysis, Bitcoin&#8217;s price was $96,477.<\/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\/here-is-why-china-is-likely-to-adopt-bitcoin-by-2025\/\" title=\"Here is Why China Is Likely to Adopt Bitcoin by 2025\">\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\/china-1-1-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Here is Why China Is Likely to Adopt Bitcoin by 2025<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>The trader also expressed optimism for altcoins, highlighting a potential decline in Bitcoin dominance (BTC.D). His chart indicated that BTC.D might be breaking down from a bearish ascending wedge and facing diagonal resistance at the 57% mark, signaling an opportunity for altcoins to rally.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A seasoned crypto analyst, recognized for accurately predicting the May 2021 market crash, has speculated that Bitcoin (BTC) could surge to $150,000 in the coming months.<\/p>\n","protected":false},"author":9,"featured_media":137690,"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-144506","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>Analyst Predicts Bitcoin Could Hit $150K by 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