{"id":576920,"date":"2024-02-26T21:00:12","date_gmt":"2024-02-26T21:00:12","guid":{"rendered":"https:\/\/wncen.com\/?p=576920"},"modified":"2024-06-11T08:02:23","modified_gmt":"2024-06-11T08:02:23","slug":"bitcoin-rally-crypto-analyst-predicts-new-peak-within-erms-reach","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-rally-crypto-analyst-predicts-new-peak-within-erms-reach\/","title":{"rendered":"Bitcoin Rally: Crypto Analyst Says New Peak Is Within Arms’ Reach"},"content":{"rendered":"

With the price movement of <\/span>Bitcoin<\/span><\/a> becoming less volatile and the markets becoming unstable once more, some people think a crash is imminent for BTC, while some believe and anticipate a potential for further upward surge.<\/span><\/p>\n

New All-Time High For Bitcoin Is Within An Arms Reach<\/span><\/h2>\n

In a recent <\/span>development<\/span><\/a> on the social media platform X (formerly Twitter), Cryptocurrency analyst and investor, Crypto Jelle, has shared a bold prediction regarding Bitcoin – the leading crypto asset.<\/span><\/p>\n

Related Reading: Bitcoin Bullish Outlook: Analyst Predicts Near-Term Surge To $61,000<\/a><\/div>\n

The crypto expert’s analysis came in light of the bearish speculations within the community around the price action of BTC. According to him, many people are discussing the bearish signs, pullbacks, and corrections that BTC could witness in the near future.<\/span><\/p>\n

However, Crypto Jelle has asserted that despite the negative sentiments it “does not change anything about the bigger picture” for BTC. Furthermore, he has urged investors to “stick to the plan,” noting that a new all-time high is just “within arms reach.”<\/span><\/p>\n

The post read:<\/span><\/p>\n

Lots of people talking about bearish signs, pullbacks, and corrections, but these things change nothing about the bigger picture. Stick to the plan, all-time highs are within an arms reach.<\/span><\/p><\/blockquote>\n

Jelle has also highlighted another reason why he is bullish on Bitcoin and sticking with the digital asset. In another X <\/span>post<\/span><\/a>, Jelle stated that BTC is still holding above $50,000, with the entire crypto market cap approaching $2 trillion.<\/span><\/p>\n

\"Bitcoin\"
BTC all-time high within arms reach | Source: Crypto Jelle on X<\/a><\/figcaption><\/figure>\n

Nonetheless, the “average Joe still does not care,” prompting him to believe that “the cycle is not over” yet. He further pointed out that there will be lucid indications that retail is about to flood the market.<\/span><\/p>\n

As a result of this, Bitcoin is set to witness higher adoption as search interest for BTC will surge higher. Jelle anticipates that during this time, American-based crypto exchange <\/span>Coinbase<\/span><\/a> will return to its top spot in the app store.<\/span><\/p>\n

BTC Compared To Warren Buffett’s Berkshire Hathaway Stock<\/span><\/h2>\n

Lately, a lot of market experts have appeared to be bullish about Bitcoin. One of these is Max Keiser, a BTC advocate, who has <\/span>compared<\/span><\/a> the crypto asset to the well-known Warren Buffett’s Berkshire Hathaway Stock.<\/span><\/p>\n

Related Reading: Crypto Platform Which Predicted Bitcoin To Reach $50,000 Has Released A New Target<\/a><\/div>\n

According to Max Keiser, acquiring BTC today is just like buying Berkshire Hathaway shares in its initial days. It is noteworthy that during its earlier days, the stocks were sold for $1,500 each, which is now being sold for $628,000. <\/span>With this comparison, Keiser advocates that <\/span>BTC<\/span><\/a> could potentially rise by over 41,000% at its present price of $51,000.\u00a0<\/span><\/p>\n

This price of Bitcoin is down by over 2% in the past 7 days, currently trading at $51,147. CoinMarketCap’s data shows that its <\/span>market cap<\/span><\/a> is down by 0.86%, while its trading volume is up by over 6%.<\/span><\/p>\n

\"Bitcoin\"
BTC trading at $51,209 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":"

With the price movement of Bitcoin becoming less volatile and the markets becoming unstable once more, some people think a crash is imminent for BTC, while some believe and anticipate a potential for further upward surge. New All-Time High For Bitcoin Is Within An Arms Reach In a recent development on the social media platform X (formerly Twitter), Cryptocurrency analyst and investor, Crypto Jelle, has shared a bold prediction regarding Bitcoin – the leading crypto asset. Related Reading: Bitcoin Bullish Outlook: Analyst Predicts Near-Term Surge To $61,000 The crypto expert’s analysis came in light of the bearish speculations within the community around the price action of BTC. According to him, many people are discussing the bearish signs, pullbacks, and corrections that BTC could witness in the near future. However, Crypto Jelle has asserted that despite the negative sentiments it “does not change anything about the bigger picture” for BTC. Furthermore, he has urged investors to “stick to the plan,” noting that a new all-time high is just “within arms reach.” The post read: Lots of people talking about bearish signs, pullbacks, and corrections, but these things change nothing about the bigger picture. Stick to the plan, all-time highs are within an arms reach. Jelle has also highlighted another reason why he is bullish on Bitcoin and sticking with the digital asset. In another X post, Jelle stated that BTC is still holding above $50,000, with the entire crypto market cap approaching $2 trillion. Nonetheless, the “average Joe still does not care,” prompting him to believe that “the cycle is not over” yet. He further pointed out that there will be lucid indications that retail is about to flood the market. As a result of this, Bitcoin is set to witness higher adoption as search interest for BTC will surge higher. Jelle anticipates that during this time, American-based crypto exchange Coinbase will return to its top spot in the app store. BTC Compared To Warren Buffett’s Berkshire Hathaway Stock Lately, a lot of market experts have appeared to be bullish about Bitcoin. One of these is Max Keiser, a BTC advocate, who has compared the crypto asset to the well-known Warren Buffett’s Berkshire Hathaway Stock. Related Reading: Crypto Platform Which Predicted Bitcoin To Reach $50,000 Has Released A New Target According to Max Keiser, acquiring BTC today is just like buying Berkshire Hathaway shares in its initial days. It is noteworthy that during its earlier days, the stocks were sold for $1,500 each, which is now being sold for $628,000. With this comparison, Keiser advocates that BTC could potentially rise by over 41,000% at its present price of $51,000.\u00a0 This price of Bitcoin is down by over 2% in the past 7 days, currently trading at $51,147. CoinMarketCap’s data shows that its market cap is down by 0.86%, while its trading volume is up by over 6%. Featured image from iStock, chart from Tradingview.com<\/p>\n","protected":false},"author":608,"featured_media":565555,"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":[428,1119,1144,78790,1393,10995,91678,5005,91735],"class_list":["post-576920","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-btc","tag-btcusd","tag-btcusdt","tag-coinbase","tag-coinmarketcap","tag-crypto-jelle","tag-max-keiser","tag-warren-buffetts-berkshire-hathaway-stock"],"acf":[],"yoast_head":"\nBitcoin Rally: Crypto Analyst Says New Peak Is Within Arms' Reach<\/title>\n<meta name=\"description\" content=\"some people think a crash is imminent for Bitcoin, while some believe and anticipate a potential for further upward surge.\" \/>\n<meta name=\"robots\" content=\"index, follow, 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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":"Bitcoin Rally: Crypto Analyst Says New Peak Is Within Arms’ Reach","url":"http:\/\/wncen.com\/news\/bitcoin-rally-crypto-analyst-predicts-new-peak-within-erms-reach\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/bitcoin-rally-crypto-analyst-predicts-new-peak-within-erms-reach\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/12\/iStock-1248674191.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/12\/iStock-1248674191.jpg?fit=2120%2C1415"},"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":["bitcoin","btc","btcusd","btcusdt","coinbase","coinmarketcap","crypto jelle","max keiser","warren buffett's berkshire hathaway stock."],"dateCreated":"2024-02-26T21:00:12Z","datePublished":"2024-02-26T21:00:12Z","dateModified":"2024-06-11T08:02:23Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Bitcoin Rally: Crypto Analyst Says New Peak Is Within Arms’ Reach\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/bitcoin-rally-crypto-analyst-predicts-new-peak-within-erms-reach\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/bitcoin-rally-crypto-analyst-predicts-new-peak-within-erms-reach\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/12\\\/iStock-1248674191.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/12\\\/iStock-1248674191.jpg?fit=2120%2C1415\"},\"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\":[\"bitcoin\",\"btc\",\"btcusd\",\"btcusdt\",\"coinbase\",\"coinmarketcap\",\"crypto jelle\",\"max keiser\",\"warren buffett's berkshire hathaway stock.\"],\"dateCreated\":\"2024-02-26T21:00:12Z\",\"datePublished\":\"2024-02-26T21:00:12Z\",\"dateModified\":\"2024-06-11T08:02:23Z\"}<\/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\/12\/iStock-1248674191.jpg?fit=2120%2C1415","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/576920"}],"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=576920"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/576920\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/565555"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=576920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=576920"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=576920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}