“We Can Expect a Parabolic [BTC] Move Up to 100k in 2024,” Says Analyst

Published 25/07/2023, 12:00
© Igor Faun “We Can Expect a Parabolic [BTC] Move Up to 100k in 2024,” Says Analyst

  • Crypto Analyst predicts BTC will hit $100K with an exponential rise in 2024.
  • BTC touches the upper trend line; it may break or rebound off of it.
  • BTC seeks support in the lower regression trendline, if it hits Support 1, the trend line could be broken.

Crypto Analyst and BTC proponent Captain Faibik tweeted that BTC Bulls were in total control although BTC seems to be moving downwards. Faibik made this claim by sharing an analysis that showed BTC fluctuating in a bullish flag.

He stated that BTC was in the accumulation phases and that the Bitcoin bull run will officially start in November 2023. Once the bull run is on Faibik stated “We Can Expect a Parabolic move up to 100k in 2024.”

BTC/USDT 1-Week Chart (Source: Tradingview)

Looking at the chart above, it could be seen that BTC is fluctuating within…

The post “We Can Expect a Parabolic [BTC] Move Up to 100k in 2024,” Says Analyst appeared first on Coin Edition.

The post “We Can Expect a Parabolic [BTC] Move Up to 100k in 2024,” Says Analyst appeared first on Coin Edition.

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