{"id":605259,"date":"2024-04-26T20:00:18","date_gmt":"2024-04-26T20:00:18","guid":{"rendered":"https:\/\/ktsl888.com\/?p=605259"},"modified":"2024-06-11T06:58:34","modified_gmt":"2024-06-11T06:58:34","slug":"massive-move-for-bitcoin","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/massive-move-for-bitcoin\/","title":{"rendered":"Crypto Analyst Predicts Massive Move For Bitcoin, What\u2019s The Target?"},"content":{"rendered":"

Despite <\/span>BTC\u2019s recent unimpressive price action<\/span><\/a>, crypto analyst Doctor Profit has shared his bullish sentiment for Bitcoin and the broader crypto market. The analyst further suggested that a <\/span>parabolic move was imminent<\/span><\/a> and that crypto investors should position themselves accordingly.\u00a0<\/span><\/p>\n

Crypto Market Preparing For A \u201cThird Industrial Revolution\u201d<\/h2>\n

Doctor Profit mentioned in an X (formerly Twitter) <\/span>post<\/span><\/a> that the crypto market \u201cis preparing itself for the third Industrial Revolution,\u201d thereby hinting at a trend reversal for Bitcoin and <\/span>altcoins<\/span><\/a> soon enough. \u201cBe part of it, or regret for [a] lifetime,\u201d the crypto analyst added as he warned crypto investors of missing this market rally.\u00a0\u00a0<\/span><\/p>\n

Related Reading: HBAR Prices Crashes 35% As BlackRock Denies Any Ties To Hedera<\/a><\/p>\n

In a previous <\/span>X post<\/span><\/a>, Doctor Profit gave an idea of what to expect from the crypto market (Bitcoin in particular) when it makes its next leg up. He stated that the flagship crypto will rise to $84,000 after it is done trading the sideway range between $60,000 and $72,000. In another <\/span>X post<\/span><\/a>, he claimed that the super cycle will start after Bitcoin hits $72,000.\u00a0<\/span><\/p>\n

Meanwhile, Doctor Profit suggested that the price corrections experienced were normal and usually occur in <\/span>each crypto cycle<\/span><\/a>. He further remarked that the 10 to 20% price fluctuations weren\u2019t big moves. His statement echoes the sentiment of Alex Thorn, Head of Research at Galaxy Digital, who <\/span>previously warned<\/span><\/a> that bull markets weren\u2019t \u201cstraight lines up.\u201d<\/span><\/p>\n

Bitcoin Is In The Re-Accumulation Period\u00a0<\/span><\/h2>\n

In a recent X (formerly Twitter) <\/span>post<\/span><\/a>, crypto analyst Rekt Capital confirmed that Bitcoin is currently in the Re-Accumulation phase, which occurs after the <\/span>Bitcoin Halving<\/span><\/a>. He further noted that the goal now \u201cis for Bitcoin to move sideways to catch a breather, for the market to cool off after [a] fantastic Pre-Halving price performance.\u00a0\u00a0<\/span><\/p>\n

Related Reading: Why Is The Dogecoin Price Down Today?<\/a><\/div>\n

According to Rekt Capital, this <\/span>Re-Accumulation period<\/span><\/a> can last for multiple weeks \u201cand even up to 150 days.\u201d The analyst revealed that once this period is over, Bitcoin will experience a breakout from this sideways range, followed by a <\/span>parabolic uptrend<\/span><\/a>.\u00a0<\/span><\/p>\n

This <\/span>uptrend phase<\/span><\/a> is said to last for over a year. However, with the probability of this being an accelerated market cycle, Rekt Capital remarked that the duration for this uptrend could be cut in half. Crypto analysts like Tom Dunleavy, Partner and Chief Investment Officer (CIO) at MV Capital, <\/span>predict<\/span><\/a> that the flagship crypto will rise as high as $100,000 when that time comes.\u00a0<\/span><\/p>\n

At the time of writing, Bitcoin is trading at around $64,360, up in the last 24 hours according to <\/span>data<\/span><\/a> from CoinMarketCap.<\/span><\/p>\n

\"Bitcoin<\/p>\n

BTC bears pull down price | Source: BTCUSD on Tradingview.com<\/a><\/pre>\n
Featured image from Kapersky, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
Despite BTC\u2019s recent unimpressive price action, crypto analyst Doctor Profit has shared his bullish sentiment for Bitcoin and the broader crypto market. The analyst further suggested that a parabolic move was imminent and that crypto investors should position themselves accordingly.\u00a0 Crypto Market Preparing For A \u201cThird Industrial Revolution\u201d Doctor Profit mentioned in an X (formerly Twitter) post that the crypto market \u201cis preparing itself for the third Industrial Revolution,\u201d thereby hinting at a trend reversal for Bitcoin and altcoins soon enough. \u201cBe part of it, or regret for [a] lifetime,\u201d the crypto analyst added as he warned crypto investors of missing this market rally.\u00a0\u00a0 Related Reading: HBAR Prices Crashes 35% As BlackRock Denies Any Ties To Hedera In a previous X post, Doctor Profit gave an idea of what to expect from the crypto market (Bitcoin in particular) when it makes its next leg up. He stated that the flagship crypto will rise to $84,000 after it is done trading the sideway range between $60,000 and $72,000. In another X post, he claimed that the super cycle will start after Bitcoin hits $72,000.\u00a0 Meanwhile, Doctor Profit suggested that the price corrections experienced were normal and usually occur in each crypto cycle. He further remarked that the 10 to 20% price fluctuations weren\u2019t big moves. His statement echoes the sentiment of Alex Thorn, Head of Research at Galaxy Digital, who previously warned that bull markets weren\u2019t \u201cstraight lines up.\u201d Bitcoin Is In The Re-Accumulation Period\u00a0 In a recent X (formerly Twitter) post, crypto analyst Rekt Capital confirmed that Bitcoin is currently in the Re-Accumulation phase, which occurs after the Bitcoin Halving. He further noted that the goal now \u201cis for Bitcoin to move sideways to catch a breather, for the market to cool off after [a] fantastic Pre-Halving price performance.\u00a0\u00a0 Related Reading: Why Is The Dogecoin Price Down Today? According to Rekt Capital, this Re-Accumulation period can last for multiple weeks \u201cand even up to 150 days.\u201d The analyst revealed that once this period is over, Bitcoin will experience a breakout from this sideways range, followed by a parabolic uptrend.\u00a0 This uptrend phase is said to last for over a year. However, with the probability of this being an accelerated market cycle, Rekt Capital remarked that the duration for this uptrend could be cut in half. Crypto analysts like Tom Dunleavy, Partner and Chief Investment Officer (CIO) at MV Capital, predict that the flagship crypto will rise as high as $100,000 when that time comes.\u00a0 At the time of writing, Bitcoin is trading at around $64,360, up in the last 24 hours according to data from CoinMarketCap. BTC bears pull down price | Source: BTCUSD on Tradingview.com Featured image from Kapersky, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":605303,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[167,428,656,679,1119,89185,1122,1144,78790,6664,26263,14690],"class_list":["post-605259","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-analyst","tag-bitcoin","tag-bitcoin-news","tag-bitcoin-price","tag-btc","tag-btc-news","tag-btc-price","tag-btcusd","tag-btcusdt","tag-crypto","tag-crypto-analyst","tag-crypto-news"],"acf":[],"yoast_head":"\nCrypto Analyst Predicts Massive Move For Bitcoin, What\u2019s The Target?<\/title>\n<meta name=\"description\" content=\"Crypto analyst Doctor Profit has shared his bullish sentiment for Bitcoin 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During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/ktsl888.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Crypto Analyst Predicts Massive Move For Bitcoin, What\u2019s The Target?","url":"http:\/\/ktsl888.com\/news\/massive-move-for-bitcoin\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/massive-move-for-bitcoin\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/04\/Bitcoin_5fee83.jpeg?resize=200%2C168","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/04\/Bitcoin_5fee83.jpeg?fit=299%2C168"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["analyst","bitcoin","bitcoin news","bitcoin price","btc","btc news","btc price","btcusd","btcusdt","crypto","crypto analyst","crypto news"],"dateCreated":"2024-04-26T20:00:18Z","datePublished":"2024-04-26T20:00:18Z","dateModified":"2024-06-11T06:58:34Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Crypto Analyst Predicts Massive Move For Bitcoin, What\\u2019s The Target?\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/massive-move-for-bitcoin\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/massive-move-for-bitcoin\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/Bitcoin_5fee83.jpeg?resize=200%2C168\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/Bitcoin_5fee83.jpeg?fit=299%2C168\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"analyst\",\"bitcoin\",\"bitcoin news\",\"bitcoin price\",\"btc\",\"btc news\",\"btc price\",\"btcusd\",\"btcusdt\",\"crypto\",\"crypto analyst\",\"crypto news\"],\"dateCreated\":\"2024-04-26T20:00:18Z\",\"datePublished\":\"2024-04-26T20:00:18Z\",\"dateModified\":\"2024-06-11T06:58:34Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/04\/Bitcoin_5fee83.jpeg?fit=299%2C168","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/605259"}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=605259"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/605259\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/605303"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=605259"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=605259"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=605259"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}