Analyst Predicts Bitcoin Price To Break $30k Next Month
October 26, 2022
The Crypto Analyst predicted that Bitcoin prices will break out next month, with an upside target of $30,000.
It was the latest prediction from Michaël van de Poppe, founder and CEO of trading firm Eight.
Within 2-3 weeks, Bitcoin will break out significantly, he stated.
Popular analyst TechDev and others had recently confirmed that Bitcoin’s Bollinger Bands versus the Nasdaq are the tightest in history.
Prior to Wall Street trading beginning, however, he acknowledged that the $21,000 zone may appear this week.
Market looking good for a last leg up. Higher highs and higher lows on ltf and demand being moved up, he tweeted.
The analysts also predicted that the longer-term perspectives on Bitcoin have remained lofty, with a $2 million prediction by 2028 coming in this month.