Bitcoin to make ‘big move’ in the next 5-10 weeks; These are the targets
Although Bitcoin (BTC) is largely back in the sideways trading action, much like the majority of assets in the cryptocurrency market, some crypto experts have noted indicators that point to the possibility of a major move in the following weeks . Indeed, renowned crypto analyst Crypto Rover pointed out that “the next BIG Bitcoin move is happening in the coming 5-10 weeks ,” although this move could go in any direction at this point, according to his chart pattern Analysis shared in an X post on October 4. Aligning trends Specifically, the expert has observed two possible price targets , depending on which trend prevails – the 95-week downtrend or the 46-week uptrend. If the former holds, the maiden cryptocurrency could end up at a bearish target of $12,000. On the other hand, the bullish target from the latter scenario is $63,000. Bitcoin price action analysis. Source: Crypto Rover On top of that, another pseudonymous crypto analyst, known as el_crypto_prof and Moustache...