קריפּטאָ אַנאַליסט אָבסערווירן ביטקאָין 'בוליש מעגאַפאָון מוסטער' מיט $ 80k ציל אין 2023

קריפּטאָ אַנאַליסט אָבסערווירן ביטקאָין 'בוליש מעגאַפאָון מוסטער' מיט $ 80k ציל אין 2023

After making a brief בוליש run over the weekend, Bitcoin (בטק) seems to be stabilizing back below the $21,000 level, but one קריפּטאָקוררענסי analyst has noticed a rare טשאַרט מוסטער that could signal a significant price increase for the flagship digital asset in 2023.

Upon detailed analysis of Bitcoin’s previous price action, including the higher highs and lower lows since November 2021, the decentralized finance (דעפי) asset was making a “bullish megaphone pattern,” as pseudonymous crypto analyst וואָנצעס באמערקט אויף נאוועמבער קסנומקס.

Bitcoin bullish megaphone pattern. Source: וואָנצעס

In his opinion, such a pattern indicates that ביטקאָין could reach a price of around $80,000 sometime during the summer of 2023. The analyst was referring to a widening pattern that looks like a megaphone or a reverse symmetrical triangle.

This rare broadening pattern is noticed when successive higher highs and lower lows occur after a downward move, confirming the bullish trend when the price breaks beyond the prior high but doesn’t fall below this level again, which typically happens on the third upturn.

ביטקאָין פּרייַז אַנאַליסיס

As a reminder, Bitcoin broke past $21,000 on November 4, shortly after the United States Bureau of Labor Statistics (BLS) מעלדונג on (un)employment for October that has beaten analysts’ estimates, פינבאָלד געמאלדן.

At press time, its price is back below the $21,000 level, as Bitcoin is changing hands at $20,764.51, down 2.34% on the day but still up 0.38% across the week, adding up to its 6.44% monthly increase.

ביטקאָין 1-חודש פּרייַז טשאַרט. מקור: פינבאָלד

אין די זעלבע צייט, קריפּטאָ טריידינג expert Ali Martinez believes that “if BTC is able to hold above $20,700, it will have a great chance of rebounding to $21,150 or even $21,500,” as he stressed in a טוויט אויף נאוועמבער קסנומקס.

ביטקאָין פּרייַז קאַמף אַנאַליסיס. מקור: עלי מאַרטינעז

אַנדערש, other charts suggest that Bitcoin will likely regain a critical שטיצן level by the end of 2022, possibly even reclaiming the $25,000 mark, while the crypto community at קאָונמאַרקעטקאַפּ האט אויסגעדריקט פאָרויסזאָגן that the maiden digital asset would trade at $21,000 on December 31.

אָפּלייקענונג: דער אינהאַלט אויף דעם פּלאַץ זאָל ניט זיין געהאלטן ינוועסמאַנט עצה. ינוועסטינג איז ספּעקולאַטיווע. ווען ינוועסטינג, דיין קאַפּיטאַל איז אין ריזיקירן.

Source: https://finbold.com/crypto-analyst-observes-bitcoin-bullish-megaphone-pattern-with-80k-target-in-2023/