Bitcoin experienced a price decline of 3.06% on Friday, falling as low as $60,372.36 based on data from CoinMarketCap. With the crypto market leader now in a consolidation phase, a trading analyst with X username Titan of Crypto has expressed resilient faith in Bitcoin’s ability to produce a post-halving price rally.
Bitcoin Rise Inevitable, Analyst Pinpoints $150,000 Price Target
In a series of X posts on Friday, Titan of Crypto shared some interesting bullish predictions on the Bitcoin market. Firstly, the analyst noted that amidst BTC’s price decline, the token’s price pattern on the daily timeframe had formed a bullish signal.
Titan of Crypto referred to this signal as the bullish engulfing candle which occurs when a larger bullish candle completely emerges from the previous smaller bearish candle, thus indicating a potential reversal from a downtrend to an uptrend.
Following these observations, the analyst also predicted Bitcoin to soon experience a massive pos
We współpracy z: https://www.newsbtc.com/news/bitcoin/why-bitcoin-post-halving-rally-is-certain-analyst-explains/
