{"id":554276,"date":"2023-10-05T17:00:44","date_gmt":"2023-10-05T17:00:44","guid":{"rendered":"https:\/\/wncen.com\/?p=554276"},"modified":"2024-06-11T09:21:30","modified_gmt":"2024-06-11T09:21:30","slug":"buy-bitcoin-price-now","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/buy-bitcoin-price-now\/","title":{"rendered":"Analyst Who Put Bitcoin Price At $130,000 Says You Should Buy BTC Now, Here\u2019s Why"},"content":{"rendered":"

Two weeks ago, crypto analyst Tolberti made headlines for his incredibly bullish Bitcoin price outlook. The analyst is back again with another prediction and this time around, he is telling investors to get into the market with reasons to back it up.<\/p>\n

Last Chance To Buy BTC<\/h2>\n

In a recent post on Tradingview, crypto analyst Tolberti sounded<\/a> a warning alarm that this is the last chance for investors to buy Bitcoin. The reason for this, according to Tolberti, is that the Bitcoin price is headed toward a massive rally.<\/p>\n

Related Reading: How Have Ethereum Futures ETFs Fared So Far? Data Reveals Shocking Numbers<\/a><\/div>\n

Tolberti points to bulls having successfully broken through a major descending trend<\/a> line which he points out on the BTC 12-hour chat. The analyst explains that this is the last chance to buy Bitcoin at this low price given that \u201cThis trendline has been destroyed by the bulls, and we also had a successful retest of it!\u201d<\/p>\n

As for where the Bitcoin price is headed, Tolberti believes that it will hit $39,000 toward the end of 2023. However, he warns that this is not going to be smooth sailing with resistance already at $29,167 where the 0.618 Fibonacci<\/a> has been established in the previous wave.<\/p>\n

\"Buy<\/p>\n

BTC price chart to $39,000 | Source: Tradingview.com<\/a><\/pre>\n
On the longer time frame, using the Elliot Wave pattern, the analyst puts a \u201cstrong nest (1-2-1-2) or an expanding leading diagonal wedge (1-2-3-4-5).\u201d at the $24,900-$28,500 range. \u201cBoth of them are bullish patterns and support the start of the bull market!\u201d Tolberti explained further.<\/p>\n
However, the analyst expects the Bitcoin price to perform poorly at the start of 2024. \u201cI am prepared for the bull market that is coming in the next few weeks until January,\u201d Tolberti said. \u201cExpect January to be a bearish month.\u201d<\/p>\n
Where Is Bitcoin Price Headed?<\/h2>\n
Tolbert\u2019s most recent Bitcoin price prediction focuses more on the short term for the last three months of the year. But his previous predictions<\/a> give a more clear view of where he expects the price to reach, especially during a bull market.<\/p>\n
Related Reading: Pro-Bitcoin Presidential Candidate Wants To Save BTC From The White House<\/a><\/div>\n
In September, the crypto analyst<\/a> posted an analysis in which he put the Bitcoin price as high as $130,000 by 2025. The chart showed a rise to the $80,000 level before a 30% retracement. After this, another bounce puts the price in the $130,000 range.<\/p>\n
While Tolberti sees a bullish move for Bitcoin, Bloomberg analyst Mike McGlone expects<\/a> that BTC will fall back to $10,000. McGlone does not see a bullish fourth quarter for Bitcoin, and coupled with rising interest rates, the analyst expects more of a decline.<\/p>\n
\"Bitcoin<\/p>\n
BTC price at $28,000 | Source: BTCUSD on Tradingview.com<\/a><\/pre>\n
Featured image from Nairametrics, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
Two weeks ago, crypto analyst Tolberti made headlines for his incredibly bullish Bitcoin price outlook. The analyst is back again with another prediction and this time around, he is telling investors to get into the market with reasons to back it up. Last Chance To Buy BTC In a recent post on Tradingview, crypto analyst Tolberti sounded a warning alarm that this is the last chance for investors to buy Bitcoin. The reason for this, according to Tolberti, is that the Bitcoin price is headed toward a massive rally. Related Reading: How Have Ethereum Futures ETFs Fared So Far? Data Reveals Shocking Numbers Tolberti points to bulls having successfully broken through a major descending trend line which he points out on the BTC 12-hour chat. The analyst explains that this is the last chance to buy Bitcoin at this low price given that \u201cThis trendline has been destroyed by the bulls, and we also had a successful retest of it!\u201d As for where the Bitcoin price is headed, Tolberti believes that it will hit $39,000 toward the end of 2023. However, he warns that this is not going to be smooth sailing with resistance already at $29,167 where the 0.618 Fibonacci has been established in the previous wave. BTC price chart to $39,000 | Source: Tradingview.com On the longer time frame, using the Elliot Wave pattern, the analyst puts a \u201cstrong nest (1-2-1-2) or an expanding leading diagonal wedge (1-2-3-4-5).\u201d at the $24,900-$28,500 range. \u201cBoth of them are bullish patterns and support the start of the bull market!\u201d Tolberti explained further. However, the analyst expects the Bitcoin price to perform poorly at the start of 2024. \u201cI am prepared for the bull market that is coming in the next few weeks until January,\u201d Tolberti said. \u201cExpect January to be a bearish month.\u201d Where Is Bitcoin Price Headed? Tolbert\u2019s most recent Bitcoin price prediction focuses more on the short term for the last three months of the year. But his previous predictions give a more clear view of where he expects the price to reach, especially during a bull market. Related Reading: Pro-Bitcoin Presidential Candidate Wants To Save BTC From The White House In September, the crypto analyst posted an analysis in which he put the Bitcoin price as high as $130,000 by 2025. The chart showed a rise to the $80,000 level before a 30% retracement. After this, another bounce puts the price in the $130,000 range. While Tolberti sees a bullish move for Bitcoin, Bloomberg analyst Mike McGlone expects that BTC will fall back to $10,000. McGlone does not see a bullish fourth quarter for Bitcoin, and coupled with rising interest rates, the analyst expects more of a decline. BTC price at $28,000 | Source: BTCUSD on Tradingview.com Featured image from Nairametrics, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":554280,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,656,679,6848,1119,89185,1144,78790],"class_list":["post-554276","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-bitcoin-news","tag-bitcoin-price","tag-bitcoin-price-prediction","tag-btc","tag-btc-news","tag-btcusd","tag-btcusdt"],"acf":[],"yoast_head":"\nAnalyst Who Put Bitcoin Price At $130,000 Says You Should Buy BTC Now, Here\u2019s Why<\/title>\n<meta name=\"description\" content=\"The analyst is back again with another prediction and he is telling investors to get into the Bitcoin market with reasons to back it 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During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/wncen.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Analyst Who Put Bitcoin Price At $130,000 Says You Should Buy BTC Now, Here\u2019s Why","url":"http:\/\/wncen.com\/news\/buy-bitcoin-price-now\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/buy-bitcoin-price-now\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/Buy-Bitcoin.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/Buy-Bitcoin.jpeg?fit=900%2C473"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","bitcoin news","bitcoin price","bitcoin price prediction","btc","btc news","btcusd","btcusdt"],"dateCreated":"2023-10-05T17:00:44Z","datePublished":"2023-10-05T17:00:44Z","dateModified":"2024-06-11T09:21:30Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Analyst Who Put Bitcoin Price At $130,000 Says You Should Buy BTC Now, Here\\u2019s Why\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/buy-bitcoin-price-now\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/buy-bitcoin-price-now\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/Buy-Bitcoin.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/Buy-Bitcoin.jpeg?fit=900%2C473\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"bitcoin news\",\"bitcoin price\",\"bitcoin price prediction\",\"btc\",\"btc news\",\"btcusd\",\"btcusdt\"],\"dateCreated\":\"2023-10-05T17:00:44Z\",\"datePublished\":\"2023-10-05T17:00:44Z\",\"dateModified\":\"2024-06-11T09:21:30Z\"}<\/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\/2023\/10\/Buy-Bitcoin.jpeg?fit=900%2C473","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/554276"}],"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\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=554276"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/554276\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/554280"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=554276"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=554276"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=554276"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}