Bitcoin Price Hit New ATH by October 2023 – Predicts Popular Analyst

Credible Crypto, a well-known analyst, suggests that BTC’s recent support at $25,000 signals the start of a bullish market. With historical evidence of impressive rallies, let’s explore Credible Crypto’s forecast for Bitcoin’s monumental moves in the coming months.

In a recent Twitter post, Credible Crypto shared his thoughts with his followers, stating, “Bitcoin’s bull market is likely underway after BTC successfully retested $25,000 as support.” Drawing inspiration from Bitcoin’s 2020 bull market, Credible Crypto highlights the trend of increasingly larger monthly price moves. As BTC climbs higher, the analyst expects the monthly gains to surpass $10,000, creating a pathway for a new all-time high.

October: A Game-Changing Moment

Confident in Bitcoin’s upward trajectory, Credible Crypto boldly predicts a potential new all-time high by October. With a $40,000 gap between current levels and the previous ATH, the analyst suggests that a parabolic advance could close this gap within a few months. As we enter July, August, and September, the anticipation builds for a potential October breakthrough. July, in particular, has been predicted by many veterans as the month of rallies.

Taking a broader perspective, Credible Crypto envisions Bitcoin soaring even higher. The analyst’s chart hints at the possibility of BTC reaching an impressive $120,000 by year-end. Each passing month brings Bitcoin closer to monumental milestones, fueling excitement among investors.

Conclusion

With Bitcoin currently trading at $30,543, all eyes are on its future. Credible Crypto’s insights offer a tantalizing glimpse into the potential for Bitcoin’s surge to new all-time highs. Brace yourself for an exciting journey as Bitcoin aims to rewrite the record books by October. The prospect of BTC’s remarkable ascent captivates the imagination and piques the interest of investors worldwide.

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• Source: https://coinpedia.org/bitcoin/bitcoin-price-hit-new-ath-by-october-2023-predicts-popular-analyst/