Analyst Predicts Bitcoin Surge
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jul 11 2024- Bitcoin Price Forecast: Analyst Bluntz predicts significant price growth for Bitcoin, suggesting it could reach around $100,000 by early 2025.
- Elliott Wave Theory Analysis: Bluntz uses the Elliott Wave theory to predict Bitcoin's market trends, indicating that the current cycle is not over yet.
- Bullish Divergence: Bluntz notes a bullish divergence on Bitcoin's daily timeframe, signaling a potential positive trend reversal.
- Investment Insights: Bluntz's analysis provides actionable insights for investors, emphasizing the importance of considering Bitcoin's current cycle and potential price growth.
- Market Confidence: Bluntz expresses surprise that more analysts have not discussed the bullish divergence, highlighting its significance for Bitcoin's future price movement.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
