{"id":602708,"date":"2024-04-11T16:00:11","date_gmt":"2024-04-11T16:00:11","guid":{"rendered":"https:\/\/wncen.com\/?p=602708"},"modified":"2024-06-11T06:53:06","modified_gmt":"2024-06-11T06:53:06","slug":"analysts-bullish-on-bitcoin-set-next-target-at-82000","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/analysts-bullish-on-bitcoin-set-next-target-at-82000\/","title":{"rendered":"Analysts Bullish on Bitcoin: Set Next Target At $82,000"},"content":{"rendered":"

Once again, the price of Bitcoin rose bullishly, breaking through the $70,000 barrier, demonstrating strength for an upward movement. <\/span><\/p>\n

Bitcoin At $82,000 Remains The Target<\/span><\/h2>\n

Following the recent recovery observed today, Crypto Jelle, a popular cryptocurrency expert and Bitcoin enthusiast, has made a bullish forecast for the crypto asset, citing the $82,000 level in the short term.<\/p>\n

Crypto Jelle highlighted that after a fakeout, <\/span>Bitcoin<\/span><\/a> retested the cycle highs of 2021, bounced, and then broke out once more. According to the analyst, BTC now has just one more obstacle to surpass as a result of the retest.<\/span><\/p>\n

Related Reading: Are The Odds In Bitcoin Bulls Favor? These Analysts Forecast BTC\u2019s Future<\/a><\/div>\n

Furthermore, he affirms that the race toward new highs will begin when the largest cryptocurrency asset manages to break and hold over $71,500. As a result, the crypto analyst anticipates a rally soon, placing the coin’s next target at around $82,000.<\/span><\/p>\n

\"Bitcoin\"
BTC retested 2021 cycle high | Source: Crypto Jelle on X<\/a><\/figcaption><\/figure>\n

Jelle has addressed a pressing issue in the crypto community. He mentioned some are still concerned about the next 3% move, whereas the higher timeframe chart seems more optimistic. <\/span>Thus, he has urged investors to be patient and hold onto their bags to enjoy the positive move, as the crypto asset appears to be poised for significant growth in the upcoming months.<\/span><\/p>\n

With the impending <\/span>halving<\/span><\/a> event anticipated to occur this month, Jelle’s prediction could develop in a short period. Halvings have historically been seen to have a significant effect on the coin.<\/span><\/p>\n

If this year’s halving mirrors past trends, BTC could surge to $82,000 in weeks and even further upward. Several analysts believe that the event could propel the price of BTC to $150,000 before the end of the year.<\/span><\/p>\n

At the time of writing, Bitcoin was trading at $70,344, indicating a 1.84% increase in the past 24 hours. Both its overall market cap and trading volume have also risen by 1.87% and 13% respectively in the past day.<\/span><\/p>\n

Speculated Price Target For BTC This Month<\/span><\/h2>\n

Ever since <\/span>BTC<\/span><\/a> witnessed a price recovery, many bullish predictions have surfaced concerning its next trajectory. Another analyst who has predicted BTC to reach above the $80,000 range is Adrian Zidanic.<\/span><\/p>\n

Related Reading: 12 Days Until Bitcoin Halving: Why $100,000 Isn\u2019t Much Further Away<\/a><\/div>\n

During an <\/span>episode<\/span><\/a> on Thinking Crypto, Tony Edward the show’s host, drew attention to Zidanic’s prediction, in which the expert pointed out a bullish ascending triangle that is emerging in the Bitcoin chart within this consolidation phase.<\/span><\/p>\n

Zidanic foresees a breakout occurring shortly, with $86,500 as his target price. Although his projections acknowledge a greater likelihood of a positive scenario unfolding within the month.<\/span><\/p>\n

Examining the chart, Edward expressed his optimism that the aforementioned price could manifest post-halving. Edward believes it could move further to <\/span>$90,000<\/span><\/a>, underscoring his price range between $85,000 and $90,000 and urging the community to be patient.<\/span><\/p>\n

\"Bitcoin\"
BTC trading at $70,747 on the 1D chart | Source: BTCUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n
Featured image from iStock, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"

Once again, the price of Bitcoin rose bullishly, breaking through the $70,000 barrier, demonstrating strength for an upward movement. Bitcoin At $82,000 Remains The Target Following the recent recovery observed today, Crypto Jelle, a popular cryptocurrency expert and Bitcoin enthusiast, has made a bullish forecast for the crypto asset, citing the $82,000 level in the short term. Crypto Jelle highlighted that after a fakeout, Bitcoin retested the cycle highs of 2021, bounced, and then broke out once more. According to the analyst, BTC now has just one more obstacle to surpass as a result of the retest. Related Reading: Are The Odds In Bitcoin Bulls Favor? These Analysts Forecast BTC\u2019s Future Furthermore, he affirms that the race toward new highs will begin when the largest cryptocurrency asset manages to break and hold over $71,500. As a result, the crypto analyst anticipates a rally soon, placing the coin’s next target at around $82,000. Jelle has addressed a pressing issue in the crypto community. He mentioned some are still concerned about the next 3% move, whereas the higher timeframe chart seems more optimistic. Thus, he has urged investors to be patient and hold onto their bags to enjoy the positive move, as the crypto asset appears to be poised for significant growth in the upcoming months. With the impending halving event anticipated to occur this month, Jelle’s prediction could develop in a short period. Halvings have historically been seen to have a significant effect on the coin. If this year’s halving mirrors past trends, BTC could surge to $82,000 in weeks and even further upward. Several analysts believe that the event could propel the price of BTC to $150,000 before the end of the year. At the time of writing, Bitcoin was trading at $70,344, indicating a 1.84% increase in the past 24 hours. Both its overall market cap and trading volume have also risen by 1.87% and 13% respectively in the past day. Speculated Price Target For BTC This Month Ever since BTC witnessed a price recovery, many bullish predictions have surfaced concerning its next trajectory. Another analyst who has predicted BTC to reach above the $80,000 range is Adrian Zidanic. Related Reading: 12 Days Until Bitcoin Halving: Why $100,000 Isn\u2019t Much Further Away During an episode on Thinking Crypto, Tony Edward the show’s host, drew attention to Zidanic’s prediction, in which the expert pointed out a bullish ascending triangle that is emerging in the Bitcoin chart within this consolidation phase. Zidanic foresees a breakout occurring shortly, with $86,500 as his target price. Although his projections acknowledge a greater likelihood of a positive scenario unfolding within the month. Examining the chart, Edward expressed his optimism that the aforementioned price could manifest post-halving. Edward believes it could move further to $90,000, underscoring his price range between $85,000 and $90,000 and urging the community to be patient. Featured image from iStock, chart from Tradingview.com<\/p>\n","protected":false},"author":608,"featured_media":600772,"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":[92059,428,8856,1119,1144,78790,91678,91157,91158],"class_list":["post-602708","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-adrian-zidanic","tag-bitcoin","tag-bitcoin-halving","tag-btc","tag-btcusd","tag-btcusdt","tag-crypto-jelle","tag-thinking-crypto","tag-tony-edward"],"acf":[],"yoast_head":"\nAnalysts Bullish on Bitcoin: Set Next Target At $82,000<\/title>\n<meta name=\"description\" content=\"Crypto Jelle, a popular cryptocurrency expert has made a bullish forecast for Bitcoin citing the $82,000 level in the short term.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They\u2019ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won\u2019t trade them for anything else in this world. I was exposed to the cryptocurrency world 3 years ago and got so interested in knowing so much about it. It all started when a friend of mine invested in a crypto asset, which he yielded massive gains from his investments. When I confronted him about cryptocurrency he explained his journey so far in the field. It was impressive getting to know about his consistency and dedication in the space despite the risks involved, and these are the major reasons why I got so interested in cryptocurrency. Trust me, I\u2019ve had my share of experience with the ups and downs in the market but I never for once lost the passion to grow in the field. This is because I believe growth leads to excellence and that\u2019s my goal in the field. And today, I am an employee of Bitcoinnist and NewsBTC news outlets. My Bosses and co-workers are the best kinds of people I have ever worked with, in and outside the crypto landscape. I intend to give my all working alongside my amazing colleagues for the growth of these companies. Sometimes I like to picture myself as an explorer, this is because I like visiting new places, I like learning new things (useful things to be precise), I like meeting new people - people who make an impact in my life no matter how little it is. One of the things I love and enjoy doing the most is football. It will remain my favorite outdoor activity, probably because I'm so good at it. I am also very good at singing, dancing, acting, fashion and others. I cherish my time, work, family, and loved ones. I mean, those are probably the most important things in anyone's life. I don't chase illusions, I chase dreams. I know there is still a lot about myself that I need to figure out as I strive to become successful in life. I\u2019m certain I will get there because I know I am not a quitter, and I will give my all till the very end to see myself at the top. I aspire to be a boss someday, having people work under me just as I\u2019ve worked under great people. This is one of my biggest dreams professionally, and one I do not take lightly. Everyone knows the road ahead is not as easy as it looks, but with God Almighty, my family, and shared passion friends, there is no stopping me.","sameAs":["https:\/\/x.com\/NFTwerey"],"url":"https:\/\/wncen.com\/author\/godspowerowie\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Analysts Bullish on Bitcoin: Set Next Target At $82,000","url":"http:\/\/wncen.com\/news\/analysts-bullish-on-bitcoin-set-next-target-at-82000\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/analysts-bullish-on-bitcoin-set-next-target-at-82000\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/04\/iStock-1198049958.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/04\/iStock-1198049958.jpg?fit=1254%2C836"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Godspower Owie"}],"creator":["Godspower Owie"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["adrian zidanic","bitcoin","bitcoin halving","btc","btcusd","btcusdt","crypto jelle","thinking crypto","tony edward"],"dateCreated":"2024-04-11T16:00:11Z","datePublished":"2024-04-11T16:00:11Z","dateModified":"2024-06-11T06:53:06Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Analysts Bullish on Bitcoin: Set Next Target At $82,000\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/analysts-bullish-on-bitcoin-set-next-target-at-82000\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/analysts-bullish-on-bitcoin-set-next-target-at-82000\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/iStock-1198049958.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/iStock-1198049958.jpg?fit=1254%2C836\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Godspower Owie\"}],\"creator\":[\"Godspower Owie\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"adrian zidanic\",\"bitcoin\",\"bitcoin halving\",\"btc\",\"btcusd\",\"btcusdt\",\"crypto jelle\",\"thinking crypto\",\"tony edward\"],\"dateCreated\":\"2024-04-11T16:00:11Z\",\"datePublished\":\"2024-04-11T16:00:11Z\",\"dateModified\":\"2024-06-11T06:53:06Z\"}<\/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\/2024\/04\/iStock-1198049958.jpg?fit=1254%2C836","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/602708"}],"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\/608"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=602708"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/602708\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/600772"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=602708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=602708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=602708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}