Bitcoin (BTC) Eyes New Price Milestone: Analyst Predicts Bull Market Pattern Repetition in Crypto Sphere
- A popular crypto analyst, TechDev, predicts a significant bullish trend for Bitcoin, with a price target within the $90,000-$100,000 range.
- Using Elliott Wave theory, TechDev suggests that Bitcoin is entering its final bullish phase for this market cycle.
- Bitcoin’s relative strength index (RSI) indicates potential for a significant upside move.
Renowned crypto analyst TechDev predicts a bullish future for Bitcoin, with a price target of $90,000-$100,000. Using Elliott Wave theory and RSI indicators, he suggests a significant upside move is imminent.
TechDev Forecasts Bitcoin Bull Market
Renowned crypto analyst TechDev has shared his bullish market price target for Bitcoin with his 448,000 followers on social media platform X. He predicts that Bitcoin is entering its final bullish phase for this market cycle, with a price target within the $90,000-$100,000 range. This prediction is based on the Elliott Wave theory, which suggests that an asset goes through bullish impulses in five main waves.
Bitcoin’s RSI Indicates Bullish Trend
According to TechDev’s analysis, Bitcoin’s relative strength index (RSI) – a widely used momentum indicator – has cooled off, indicating potential for a significant upside m... Read the full article for FREE at COINOTAG!