887: BITCOIN HITS 2022 HIGH AS TOP CRYPTO ANALYST GIVES NEW $80,000 BTC PRICE TARGET!!
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Bitcoin News Alerts
3.8 β’ 635 Ratings
ποΈ 30 March 2022
β±οΈ 21 minutes
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Summary
For the first time this year, $48,000 Bitcoin price is hit, with previously cautious commentators increasingly flipping bullish on the king crypto.
Now, while acknowledging the need for a further pullback in an ideal scenario, popular trader Crypto Ed said that the time was right to be "very bullish" on BTC going forward.
"Hope for a little bit more down today, but often in these kind of bull markets, it's too much asking for," he said in his latest YouTube update.
Zooming out, Ed eyed an ongoing construction in place since the lows of summer last year. While these could technically still reappear, there were "strong doubts" about such a situation, and should the bullish follow-through occur, the target for completion was beyond current all-time highs.
"That gives me a target of around $80,000," he concluded.
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| 0:55.3 | Y2K. That's Y2K spelt WHY2K. In today's show, Bitcoin hits three-day low. I'll be breaking |
| 1:02.7 | down the latest technical analysis and quoting crypto analyst Pantoshi for now should expect |
| 1:07.4 | yearly open and purple box to act as support, which is between that $44,000 to $46,000 level, |
| 1:12.6 | looking for continuation to $51,000 during the next rally for BTC. And as shared here by |
| 1:18.4 | Reck Capital, technically, if Bitcoin flips the black, 47,000 monthly level into support this |
| 1:23.7 | March, there is little major monthly resistance until 57,000, which can see here in the |
| 1:29.5 | red. Also in today's show, breaking news, UST stablecoin treasury now has bought over 30,000 Bitcoin |
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