The price of Bitcoin after the analyst predicts the bullish opening, here is the target
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Bitcoin appears to move in Lockstep with A. The upward prediction Made by the encryption analyst earlier this month. According to the analyst’s expectations, Bitcoin was appointed It broke out to the highest new level ever More than $ 120,000 after the announcement of a temporary tariff by the President of the United States (United States) Donald Trump.
Bitcoin price expectations of $ 120,000
Kaduna, a X -Twitter encryption analyst (formerly Twitter), has Absolute Follow -up analysis about his previous bullish prediction of Bitcoin, highlighting that it plays as expected. On April 11, the analyst Propagate This bitcoin was preparing for a huge payment above $ 120,000.
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The thesis made it clear that 90 days comment for President Trump’s definitions It will serve as a strong economic catalyst for bitcoin. Kaduna argued that the market may start “avoiding” about a month ago, and reached its climax in mini Taurus Market During a “exit window” for 55 days between April 3 and June 3, 2025.
This upscale analysis was accompanied by a comparative scheme Bitcoin price movements Through candles with blue overlays, it is believed to represent the macroeconomic index such as Global M2. The blue line in the scheme displays a fixed climb during this window, providing a clear visual target above $ 120,000. Katona stated that if it is predicted, it will come out of most of the positions by the end of the window.
A few days after his upscale expectations, Bitcoin began to reflect the expected path. Kaduna has revealed in the Candlestick follow -up scheme that Bitcoin is broken above the local resistance at $ 84,000 with support of a strong size, in line with the expected overlap. This early force indicates that the advanced behavior offered by the encryption expert that has already been operated in actual time.
The blue line suggests a possible step towards a scale of $ 120,000 – 125,000 dollars during the month and a half, which determines a clear goal if the momentum continues. Bitcoin work It also reveals directly on a braid inside a 55 -day window, which leads to the authenticity of the upright thesis of the analyst.
Both the prices of crossing and bitcoin are heading up, indicating that the market is actually A reaction with the tariff of macroeconomics The catalyst. If this path continues, this will indicate the validity of the overall technical analysis approach to the analyst.
Update on bitcoin price
After that Less than 80,000 dollars breakdownIt appears that the price of bitcoin is on the way of recovery. Coinmarketca data reveals that Bitcoin is currently trading at $ 83,395, which represents a significant increase of 7.16 % during the past week.
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It was the encrypted currency broken Resistance level at $ 84,000 earlier this week. However, it has now regained gains and is now trading in its current market value. Looking at its volatile price and unstable market, coding analysts like Tony Severino open It is neither optimistic nor landing on bitcoin. Instead, it appears to follow the waiting and vision approach, and closely monitor how the market responds Constant volatility Lead American trade war And the implementation of the customs tariff.
Distinctive image from Adobe Stock, Chart from TradingView.com
