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- Macro investor and fund manager Dan Tapiero predicts Bitcoin is ready to reach its all-time high (ATH).
- Popular analyst Credible Crypto also believes Bitcoin price is set for a significant jump.
- Both experts foresee a bullish trend for Bitcoin, with Tapiero predicting a price surge to $90,000.
Bitcoin is poised to reach its all-time high, according to predictions by macro investor Dan Tapiero and analyst Credible Crypto. The experts anticipate a bullish trend, with potential for a significant price surge.
Bitcoin Set for ‘Terrifying Rise’
Bitcoin has been oscillating within a narrow range after losing momentum. However, Dan Tapiero, macro investor and fund manager, suggests that Bitcoin is primed to reach its all-time high (ATH). The CEO of investment firm 10T Holdings believes that surpassing the $65,000 mark is crucial for Bitcoin, which would represent a rise of over 45% from its current value. Tapiero predicts a ‘terrifying rise’ for Bitcoin, with a potential surge to $90,000 and beyond.
‘On-chain Spring is at Our Doorstep’
According to Tapiero’s analysis, Bitcoin is on the verge of completing a bullish flag formation, a period of short downward consolidation before an upward breakout following a long bull trend. Tapiero suggests the Federal Reserve will lower interest rates this year due to the weakness in commercial real estate, which could lead to even greater growth in the digital asset ecosystem. He predicts a ‘super bull’ in gold, Bitcoin, and Ethereum, and an ‘on-chain spring’ on the horizon.
Credible Crypto: BTC Prepping for a Big Jump
Popular crypto analyst Credible Crypto also anticipates a significant leap for Bitcoin. He suggests that Bitcoin could reclaim the $68,000 level within days. According to his analysis, Bitcoin will witness another movement below $60,000 before a steep jump towards the $68,000 resistance.
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Conclusion
Both Dan Tapiero and Credible Crypto predict a bullish trend for Bitcoin, with potential for significant price surges. However, as with all investment advice, it is crucial for investors to conduct their own research before making any investment decisions.
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