Claim BonusExpert Predicts Aggressive Impulse Of $10K For Bitcoin Price; Here’s When
Crypto News: The crypto market has a lot going in its favor currently in the context of the XRP lawsuit ruling and the recent series of spot Bitcoin ETF filings from the likes of Blackrock. Adding to this, analysts foresee a strong positive momentum in near future for Bitcoin price, going by its price movement. In the long term, the cryptocurrency ecosystem may likely benefit from the Bitcoin halving event which is likely to happen around April 2024. Yet, the top cryptocurrency has been testing the patience of traders in recent weeks with the sideways movement.
Also Read: LUNC News: Community Stays Positive Ahead of the Onboarding of Top Web3 Builders
Popular crypto analyst CrediBull said that a build up of compression in the upside over the last three quarters signals a clear upside in a matter of few weeks. In the next wave, an impulse of above $10,000 may be registered for BTC, he predicted.
Analyst Predicts Aggressive Impulse For Bitcoin Price
The analyst said that considering the recent impulse from $24,000 to the $31,000, the next impulse could likely be aggressive, all the way up to $42,000. This is based on the third wave projection in the longer time frame, which is generally a multiple of 1.67 time the projection in the second wave that led to the recent impulse.
“Recent waves of Bitcoin price deviations since November 2023 showed strong impulse to the upside and increasingly shallow retracements to the downside, which is a bullish sign. There could be a downfall at $27,900 before the next impulse starts to the upside”
At the current range, the BTC price is close to the local bottom and in the next two weeks, an aggressive upside could be in the waiting for Bitcoin, he added.
Also Read: Pro-Ripple Lawyer Says SEC Targets Crypto to Back Corporate Capitalism
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- Michael Saylor Hints at Another Strategy BTC Buy as Bitcoin Drops Below $68K
- Expert Says Bitcoin Now in ‘Stage 4’ Bear Market Phase, Warns BTC May Hit 35K to 45K Zone
- Bitcoin Price Today As Bulls Defend $65K–$66K Zone Amid Geopolitics and Tariffs Tensions
- XRP Realized Losses Spike to Highest Level Since 2022, Will Price Rally Again?
- Crypto Market Rises as U.S. and Iran Reach Key Agreement On Nuclear Talks
- COIN Stock Price Prediction: Will Coinbase Crash or Rally in Feb 2026?
- Shiba Inu Price Feb 2026: Will SHIB Rise Soon?
- Pi Network Price Prediction: How High Can Pi Coin Go?
- Dogecoin Price Prediction Feb 2026: Will DOGE Break $0.20 This month?
- XRP Price Prediction As SBI Introduces Tokenized Bonds With Crypto Rewards
- Ethereum Price Rises After SCOTUS Ruling: Here’s Why a Drop to $1,500 is Possible
