{"id":377816,"date":"2019-04-10T00:01:29","date_gmt":"2019-04-10T00:01:29","guid":{"rendered":"https:\/\/wncen.com\/?p=377816"},"modified":"2019-04-09T20:38:34","modified_gmt":"2019-04-09T20:38:34","slug":"crypto-analyst-bitcoin-bull-run","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/crypto-analyst-bitcoin-bull-run\/","title":{"rendered":"Crypto Analyst: Break of Current Bitcoin Resistance Will Commence Bull Run"},"content":{"rendered":"<p class=\"p1\"><span class=\"s1\">The recent <a href=\"\/tag\/bitcoin\" rel=\"nofollow\">Bitcoin<\/a> rally through months-long resistance at $4,200 has re-ignited the crypto market\u2019s bullish fervor. After nearly a year and a half of bear market, <a href=\"https:\/\/wncen.com\/2019\/04\/08\/crypto-analyst-bitcoin-price-bottom\/\">a potential bottom may be in<\/a> and it&#8217;s causing bulls to become more confident that the worst is behind us and a new bull run is close to starting.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">One crypto analyst that\u2019s recently gained a lot of attention in the cryptosphere, is now claiming that all of the top cryptocurrencies are currently behind held back by Bitcoin\u2019s current resistance level, and that once it breaks, a new bull run will begin.<\/span><\/p>\n<h2 class=\"p1\"><span class=\"s1\">Analyst: Bitcoin Bull Run Begins After Break of $5,260<\/span><\/h2>\n<p class=\"p1\"><span class=\"s1\">Ethereum trader and crypto analyst ScienceGuy9489 has recently made waves in the crypto space after emerging from a long slumber that pre-dates the peak of the last bull run and sharing some charts that predict not only target prices, but break out dates for Bitcoin, <a href=\"\/tag\/ethereum\" rel=\"nofollow\">Ethereum<\/a>, <a href=\"\/tag\/ripple\" rel=\"nofollow\">Ripple<\/a>, and <a href=\"\/tag\/litecoin\" rel=\"nofollow\">Litecoin<\/a>.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">The bullish calls were almost immediately validated when <a href=\"https:\/\/wncen.com\/2019\/04\/04\/bitcoin-price-rose-more-in-one-hour-than-last-two-months-combined\/\">Bitcoin price rose nearly $1,000 in an hour<\/a> \u2013 more than the previous two months of price growth combined.<\/span><\/p>\n<p style=\"text-align: center\"><em><strong>Related Reading | <a href=\"https:\/\/wncen.com\/2019\/04\/02\/crypto-community-bitcoin-price-rally\/\">Crypto Community Speculates On What Triggered Massive Bitcoin Price Rally<\/a>\u00a0<\/strong><\/em><\/p>\n<p class=\"p1\"><span class=\"s1\">Since then, the analyst has become a bit of a crypto celebrity, sharing a number of charts and predictions on where the market will go next.<\/span><\/p>\n<p>https:\/\/twitter.com\/ScienceGuy9489\/status\/32679168<\/p>\n<p class=\"p1\"><span class=\"s1\">In his<a href=\"https:\/\/twitter.com\/ScienceGuy9489\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"> latest tweet<\/a>, the crypto analyst claims that a breakout above $5,260 in Bitcoin price charts, will \u201ccause another bull run.\u201d He further suggests that Ethereum, Litecoin, Ripple, and<a href=\"\/tag\/stellar\" rel=\"nofollow\"> Stellar<\/a> \u2013 other major cryptocurrencies in the top ten by market cap \u2013 are being held back by the critical resistance level.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">If the resistance is broken, he says to \u201cexpect big gains\u201d if the rally is sustained. If Bitcoin is unable to break through $5,260 and maintain its gains, then he recommends selling the resistance until it is eventually broken.<\/span><\/p>\n<p>https:\/\/twitter.com\/ScienceGuy9489\/status\/94630145<\/p>\n<h2 class=\"p1\"><span class=\"s1\">Trader Sets Lofty Price Targets For Top Cryptos<\/span><\/h2>\n<p class=\"p1\"><span class=\"s2\"><a href=\"https:\/\/wncen.com\/2019\/03\/21\/crypto-bitcoin-ethereum-ripple-litecoin\/\">ScienceGuy9489\u2019s previous predictions<\/a><\/span><span class=\"s1\"> came with oddly specific breakout dates. The dates haven\u2019t yet been reached, but all of the proposed breakouts of downtrend lines have occurred. <\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Due to the fact this trader appeared after well over a year of silence, only to appear and share charts that immediately played out, he\u2019s being given additional credence for his predictions by the crypto community at large. However, the one piece of the puzzle that\u2019s left investors scratching their heads: the price targets that beat each cryptocurrency\u2019s previous all-time high.<\/span><\/p>\n<p style=\"text-align: center\"><em><strong>Related Reading | <a href=\"https:\/\/wncen.com\/2019\/03\/01\/crypto-bitcoin-price-long-term\/\">Majority of Crypto Investors See Bitcoin Price at $100,000 to Millions Long-Term\u00a0<\/a><\/strong><\/em><\/p>\n<p class=\"p1\"><span class=\"s1\">That\u2019s right, the trader is predicting <a href=\"\/tag\/bitcoin\" rel=\"nofollow\">Bitcoin<\/a> to reach $28,100, <a href=\"\/tag\/ethereum\" rel=\"nofollow\">Ethereum<\/a> to hit $2,090, <a href=\"\/tag\/litecoin\" rel=\"nofollow\">Litecoin<\/a> to reach $650, and <a href=\"\/tag\/ripple\" rel=\"nofollow\">Ripple<\/a> to skyrocket to $4 per XRP. There\u2019s no date as to when each target may be reached, but if he\u2019s right about a bull run resuming with a break of $5,260, then these prices may soon become a reality.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The recent Bitcoin rally through months-long resistance at $4,200 has re-ignited the crypto market\u2019s bullish fervor. After nearly a year and a half of bear market, a potential bottom may be in and it&#8217;s causing bulls to become more confident that the worst is behind us and a new bull run is close to starting. One crypto analyst that\u2019s recently gained a lot of attention in the cryptosphere, is now claiming that all of the top cryptocurrencies are currently behind held back by Bitcoin\u2019s current resistance level, and that once it breaks, a new bull run will begin. Analyst: Bitcoin Bull Run Begins After Break of $5,260 Ethereum trader and crypto analyst ScienceGuy9489 has recently made waves in the crypto space after emerging from a long slumber that pre-dates the peak of the last bull run and sharing some charts that predict not only target prices, but break out dates for Bitcoin, Ethereum, Ripple, and Litecoin. The bullish calls were almost immediately validated when Bitcoin price rose nearly $1,000 in an hour \u2013 more than the previous two months of price growth combined. Related Reading | Crypto Community Speculates On What Triggered Massive Bitcoin Price Rally\u00a0 Since then, the analyst has become a bit of a crypto celebrity, sharing a number of charts and predictions on where the market will go next. https:\/\/twitter.com\/ScienceGuy9489\/status\/32679168 In his latest tweet, the crypto analyst claims that a breakout above $5,260 in Bitcoin price charts, will \u201ccause another bull run.\u201d He further suggests that Ethereum, Litecoin, Ripple, and Stellar \u2013 other major cryptocurrencies in the top ten by market cap \u2013 are being held back by the critical resistance level. If the resistance is broken, he says to \u201cexpect big gains\u201d if the rally is sustained. If Bitcoin is unable to break through $5,260 and maintain its gains, then he recommends selling the resistance until it is eventually broken. https:\/\/twitter.com\/ScienceGuy9489\/status\/94630145 Trader Sets Lofty Price Targets For Top Cryptos ScienceGuy9489\u2019s previous predictions came with oddly specific breakout dates. The dates haven\u2019t yet been reached, but all of the proposed breakouts of downtrend lines have occurred. Due to the fact this trader appeared after well over a year of silence, only to appear and share charts that immediately played out, he\u2019s being given additional credence for his predictions by the crypto community at large. However, the one piece of the puzzle that\u2019s left investors scratching their heads: the price targets that beat each cryptocurrency\u2019s previous all-time high. Related Reading | Majority of Crypto Investors See Bitcoin Price at $100,000 to Millions Long-Term\u00a0 That\u2019s right, the trader is predicting Bitcoin to reach $28,100, Ethereum to hit $2,090, Litecoin to reach $650, and Ripple to skyrocket to $4 per XRP. There\u2019s no date as to when each target may be reached, but if he\u2019s right about a bull run resuming with a break of $5,260, then these prices may soon become a reality.<\/p>\n","protected":false},"author":517,"featured_media":374039,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5651,3,13625,16897,16894,16891],"tags":[428,1946,10,3680,31391],"class_list":["post-377816","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","category-news","category-ethereum","category-litecoin","category-ripple","category-stellar-xlm","tag-bitcoin","tag-ethereum","tag-litecoin","tag-ripple","tag-scienceguy9489"],"acf":[],"yoast_head":"\n<title>Crypto Analyst: Break of Current Bitcoin Resistance Will Commence Bull Run<\/title>\n<meta name=\"description\" content=\"One crypto analyst believes that a sustained breakout above resistance at $5,260 will kick off a Bitcoin bull run once again.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/crypto-analyst-bitcoin-bull-run\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Crypto Analyst: Break of Current Bitcoin Resistance Will Commence Bull Run\" \/>\n<meta property=\"og:description\" content=\"One crypto analyst believes that a sustained breakout above resistance at $5,260 will kick off a Bitcoin bull run once again.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/crypto-analyst-bitcoin-bull-run\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2019-04-10T00:01:29+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-04-09T20:38:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/bitcoinbull.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"667\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Tony &quot;The Bull&quot; 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As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting-edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market. A seasoned Chartered Market Technician, Tony's prowess in identifying and capitalizing on market patterns is unmatched. His academic and professional journey in market analysis has firmly established him as a leading authority in technical trading strategies. Tony\u2019s approach is heavily influenced by the principles of Elliott Wave Theory, a method known for its rigorous assessment of investor psychology and price movements. Beyond his role at NewsBTC, Tony is the visionary founder of CoinChartist.io, an educational platform aimed at demystifying the nuances of cryptocurrency trading. CoinChartist.io serves as a valuable resource for traders seeking to enhance their technical analysis skills. The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions. In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony\u2019s expertise to guide their trading strategies. Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies. Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders. His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics. Tony\u2019s nickname, \\\"The Bull,\\\" aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice. In summary, Tony \\\"The Bull\\\" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. 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\"The Bull\" Severino","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g","caption":"Tony \"The Bull\" Severino"},"description":"Tony \"The Bull\" Severino, CMT, is a distinguished figure in the cryptocurrency analysis sector, renowned for his in-depth technical expertise and innovative approach to market trends. As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting-edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market. A seasoned Chartered Market Technician, Tony's prowess in identifying and capitalizing on market patterns is unmatched. His academic and professional journey in market analysis has firmly established him as a leading authority in technical trading strategies. Tony\u2019s approach is heavily influenced by the principles of Elliott Wave Theory, a method known for its rigorous assessment of investor psychology and price movements. Beyond his role at NewsBTC, Tony is the visionary founder of CoinChartist.io, an educational platform aimed at demystifying the nuances of cryptocurrency trading. CoinChartist.io serves as a valuable resource for traders seeking to enhance their technical analysis skills. The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions. In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony\u2019s expertise to guide their trading strategies. Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies. Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders. His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics. Tony\u2019s nickname, \"The Bull,\" aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice. In summary, Tony \"The Bull\" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. His dedication to advancing the understanding of market forces and his commitment to providing high-quality, reliable analysis make him a pivotal figure in the world of cryptocurrency trading.","sameAs":["https:\/\/coinchartist.io\/","https:\/\/www.instagram.com\/coinchartist_io\/","https:\/\/x.com\/https:\/\/twitter.com\/tonythebullBTC","https:\/\/www.youtube.com\/@coinchartist_io"],"url":"https:\/\/wncen.com\/author\/tonymspilotro\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Crypto Analyst: Break of Current Bitcoin Resistance Will Commence Bull Run","url":"http:\/\/wncen.com\/news\/crypto-analyst-bitcoin-bull-run\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/crypto-analyst-bitcoin-bull-run\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/bitcoinbull.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/bitcoinbull.jpg?fit=1000%2C667"},"articleSection":"Bitcoin","author":[{"@type":"Person","name":"Tony \"The Bull\" Severino"}],"creator":["Tony \"The Bull\" Severino"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","ethereum","litecoin","ripple","scienceguy9489"],"dateCreated":"2019-04-10T00:01:29Z","datePublished":"2019-04-10T00:01:29Z","dateModified":"2019-04-10T00:01:29Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Crypto Analyst: Break of Current Bitcoin Resistance Will Commence Bull Run\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/crypto-analyst-bitcoin-bull-run\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/crypto-analyst-bitcoin-bull-run\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2019\\\/03\\\/bitcoinbull.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2019\\\/03\\\/bitcoinbull.jpg?fit=1000%2C667\"},\"articleSection\":\"Bitcoin\",\"author\":[{\"@type\":\"Person\",\"name\":\"Tony \\\"The Bull\\\" Severino\"}],\"creator\":[\"Tony \\\"The Bull\\\" Severino\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"ethereum\",\"litecoin\",\"ripple\",\"scienceguy9489\"],\"dateCreated\":\"2019-04-10T00:01:29Z\",\"datePublished\":\"2019-04-10T00:01:29Z\",\"dateModified\":\"2019-04-10T00:01:29Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/bitcoinbull.jpg?fit=1000%2C667","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/377816","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/517"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=377816"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/377816\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/374039"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=377816"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=377816"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=377816"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}