Bitcoin (BTC) Showcases Bullish Trend: Crypto Expert Predicts Significant Price Surge
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- A popular crypto analyst, Cheds, predicts a 337% surge in Bitcoin’s value based on a classical chart pattern.
- Cheds suggests that Bitcoin could reach close to $300,000 by mid-2026.
- He also implies that Bitcoin may have already seen the bottom of its latest correction after reclaiming $61,500.
Bitcoin could potentially skyrocket over 337% in the next few years, reaching close to $300,000, according to predictions by renowned crypto analyst, Cheds.
Bitcoin’s Potential Rise Based on Chart Pattern
Cheds, a pseudonymous analyst with over 330,400 followers on social media platform X, believes that Bitcoin appears to be forming a cup-and-handle pattern on the weekly chart. Based on classical charting rules, this pattern could indicate a significant rise in Bitcoin’s value in the coming years.
Cheds’ Price Target and Timeline
The trader highlights that his price target and timeline contradict the two widely held views on Bitcoin’s mark... Read the full article for FREE at COINOTAG!