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The next upward move in digital assets will be the “real” breakout that takes markets to new highs, according to a trader who accurately predicted the late 2022 crypto collapse. The pseudonymous trader known as Capo tells his 101,000 Telegram subscribers that the recent Bitcoin (BTC) bounce was a “test pump,” with the real rally to come. “That was a pump to clean the liquidity from above. The next pump should be the real breakout.” Source: Capo/Telegram Capo says that a convincing break of the $62,000 level – which has potentially happened with BTC currently trading at $64,201 – will likely lead to a continuation to the $70,000 range. “BTC – taking it simple – First bullish confirmation: clean reclaim of $62,000 = $69,000-$70,000 likely. – Second bullish confirmation: clean reclaim of $69,000-$70,000 = main target ($75,000-$80,000) likely. In the meantime, ignore short-term pullbacks…” Looking...

After struggling to sustain its price above $60,000, Bitcoin (BTC) now appears poised for a potential surge to new highs, according to a cryptocurrency analyst.  Following a period of price consolidation, which aligns with typical post-halving behavior, analysts are predicting that Bitcoin could be on the brink of a major rally. In this context, crypto analyst TradingShot , in a TradingView post, drew parallels between historical patterns and current technical indicators, projecting that Bitcoin could reach $200,000 by late 2025 or early 2026.  Picks for you Jonathan Bloomer’s net worth revealed: How rich is the missing Chairman of Morgan Stanley International? 9 mins ago AI predicts silver price for the end of 2024 ...