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Top analyst Credible Crypto predicts Bitcoin’s surge to $100,000. Cryptocurrency investors are closely watching recent insights from leading analysts, with a new bullish prediction from a prominent figure sparking significant interest. Credible, a highly regarded crypto analyst known for his accurate market forecasts, has released his latest Bitcoin price outlook.
Analyst Foresees Bitcoin’s $100k Targethttps://t.co/46B2ejg2q9
— BH NEWS (@bhnewsnet) May 26, 2024
Follow us and keep up to date with the latest developments for #Bitcoin #Ethereum #Ripple #blockchain #cryptocurrency
Credible’s analysis suggests BTC is poised for a major price surge. Using the Elliott Wave Theory, which describes predictable market patterns, he believes Bitcoin is entering a five-wave sequence that could push its value to $100,000. While market predictions always carry some uncertainty, Credible’s track record of precise forecasts provides investors with confidence as they look forward to the potential rise in Bitcoin’s price.
Key Bitcoin Levels To Watch – May 22
BTCUSD has bounced off the refined bullish order around the $67000.00 price level. According to the SMA (Simple Moving Average), the market is bullish.
Similarly, the MACD (Moving Average Convergence Divergence) also signals that the buying momentum is increasing. The ongoing bullish move is likely to continue until the $73836.00 resistance is invalidated.
BTCUSD Key Levels
Resistance Levels: $71980.00, $73836.00, $80000.00
Support Levels: $54490, $50577.00, $43873.00
Bitcoin Metrics
Total Market Capitalization: $2.57T
Bitcoin Market Capitalization: $1.36T
Bitcoin Volume: $15.59B
Market Rank: #1
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