Analyst With Bullish Bitcoin Price Prediction

TL;DR

• Titan of Crypto, a notable social media dealer, reaffirms his earlier prediction that Bitcoin (BTC) will attain a big value milestone earlier than the subsequent halving, with the pre-halving rally nearing its projected vary.
• Regardless of Bitcoin at the moment struggling to take care of a constant value stage, the dealer stays optimistic, drawing on historic patterns of post-halving value surges.

Bitcoin to Attain $50k Pre-Halving

Common social media dealer Titan of Crypto has reiterated his prediction that Bitcoin (BTC) will attain a pre-halving value goal of $50,000. This forecast aligns along with his prediction made a yr in the past, the place he anticipated a value vary between $39,000 and $50,000 for BTC earlier than the halving.

#Bitcoin Pre Halving Rally Replace. 🚀

The pre halving rally I advised you about one yr in the past is about to achieve its goal zone between $39k-$50k

Persistence is essential. 🫡 pic.twitter.com/UOAa1gFsE3

— Titan of Crypto (@Washigorira) November 19, 2023

The analyst, who had initially shared this prediction when BTC was recovering from a two-year low of $15,600, now sees the pre-halving rally nearing its goal zone.

Titan of Crypto’s latest late-Sunday submit emphasised the $39,000 mark because the decrease boundary of the projected value goal vary. The analyst referenced his earlier prediction and inspired his followers to brace for potential surges.

“The pre-halving rally I advised you about one yr in the past is about to achieve its goal zone between $39k-$50k.”

Whereas Titan of Crypto believes BTC may hit an all-time excessive earlier than the pre-halving, Bitcoin is at the moment struggling to carry above $38k.

Regardless of the present resistance, the dealer stays optimistic about BTC’s potential to satisfy the anticipated value goal and expects additional market dynamics to unfold within the coming weeks.

Traditionally, Bitcoin has seen new ATHs following the having, however its value additionally rallies earlier than the occasion happens. That mentioned, plenty of lengthy positions have entered the market in what is called an accumulation section.