Amid the current Bitcoin (BTC) rally, crypto expert Caleb Franzen, the founder of Cubic Analytics has recently shed light on his faith in the cryptocurrency reaching $175,000, due to certain factors and when this might happen.
Caleb Franzen Optimism On Bitcoin
On Wednesday, November 8, Caleb Franzen was interviewed by Thinking Crypto, where the crypto expert revealed his optimism about Bitcoin. The expert thinks that the strength of the crypto asset will benefit the whole cryptocurrency industry.
According to Frazen, his strong belief in the crypto asset is due to the bullish indicators that he observed in the Bitcoin charts. He put forward the idea of a critical support and resistance level as the “200-day moving average Cloud.”
Franzen also underscored how clear market signals are important, as he pointed out several factors that might bolster Bitcoin price when he was asked about Bitcoin’s short-term and long-term price expectations. These include the Bitcoin halving, a p
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