{"id":376739,"date":"2019-04-01T18:00:28","date_gmt":"2019-04-01T18:00:28","guid":{"rendered":"https:\/\/wncen.com\/?p=376739"},"modified":"2024-06-11T21:14:39","modified_gmt":"2024-06-11T21:14:39","slug":"bitcoin-btc-may-test-150k-but-will-it-first-overcome-4500","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-btc-may-test-150k-but-will-it-first-overcome-4500\/","title":{"rendered":"Bitcoin (BTC) May Test $150K But Will it First Overcome $4,500?"},"content":{"rendered":"
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Bitcoin (BTC) Prices up 3.6 percent<\/em><\/li>\n
Josh Rager projects BTC at $150k after 2023.<\/em><\/li>\n<\/ul>\n
Analysts are optimistic of Bitcoin (BTC) price recovery with Brendan Bernstein pointing to supportive fundamentals. At the same time, Josh Rager preview place Bitcoin at over $150k after 2023. All the same, Bitcoin prices are up 3.6 percent in the last week and look likely to reach $4,500 by end week.<\/em><\/p>\n
Bitcoin Price Analysis<\/h2>\n
Fundamentals<\/h3>\n
The co-founder of Tetras Capital, Brendan Bernstein, believes that over the long-term, Bitcoin could outperform other digital assets. Propped by supportive fundamentals as well as increasing adoption levels, Bitcoin (BTC) prices could rally from spot rates to upwards of $130,000 if an analyst\u2019s preview is anything to go by.<\/p>\n
Citing the cyclic nature of all markets, Bitcoin rise\u2014despite last year\u2019s crypto winter, is parabolic complete with dips that only correct higher from previous lows. The crypto-analyst, Josh Rager, concludes that it takes 574 days for peak retests.<\/p>\n