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Crypto analyst Quinten François has made some bold predictions regarding Bitcoin’s future price trajectory, suggesting that the flagship cryptocurrency could potentially reach astronomical highs. He highlighted the significance of Bitcoin’s fourth halving, claiming that this event could signal the beginning of a major upward trend for BTC. According to Quinten, if Bitcoin were to follow
Tom Lee, the head of research at Fundstrat, has once again made a bold prediction regarding Bitcoin’s price, stating that he believes the pioneer cryptocurrency will hit $150,000. Lee has expressed confidence in Bitcoin’s bullish outlook and is optimistic that the cryptocurrency will soon break free from its current bearish trends. During an interview with
Bitcoin’s price failed to break above the $63,650 resistance zone and has now entered a corrective phase. The price is currently below $62,500 and the 100 hourly Simple Moving Average, indicating a bearish trend. Additionally, a bearish trend line is forming with resistance at $61,850 on the hourly chart of the BTC/USD pair from Kraken.