{"id":608190,"date":"2024-05-15T22:00:34","date_gmt":"2024-05-15T22:00:34","guid":{"rendered":"https:\/\/wncen.com\/?p=608190"},"modified":"2024-06-11T07:00:53","modified_gmt":"2024-06-11T07:00:53","slug":"market-expert-bitcoin-new-target","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/market-expert-bitcoin-new-target\/","title":{"rendered":"Market Expert Who Predicted Bitcoin\u2019s Rise above $69,000 Unveils New Target"},"content":{"rendered":"

The Bitcoin rise above $69,000<\/a> before the fourth halving to reach a new all-time high of $73,000 in 2024 took many by surprise. However, crypto analyst BitQuant was not one of those people. In 2023, the analyst had correctly predicted that the BTC price<\/a> would reach a new all-time high before the halving was completed. After the successful completion of his prediction, the crypto analyst has once again predicted where the Bitcoin price is headed, and how high it will go.<\/p>\n

Crypto Analyst Says Bitcoin Price Will Reach $95,000<\/h2>\n

BitQuant has unveiled his latest prediction<\/a> for the Bitcoin price, and the target being displayed will please many who continue to be bullish. Amid the choppy headwinds that have dominated the market, the analyst believes that the Bitcoin price will surge and reach $95,000.<\/p>\n

Related Reading: Dogecoin Derivatives Volume Jumps 111% As Open Interest Spikes, But What About Price?<\/a><\/div>\n

Interestingly, the analyst does not expect the campaign to $95,000 to be a long, drawn-out move. Rather, BitQuant explains that the Bitcoin price<\/a> can complete this target in a single move. Such a move would mean a 50% increase in price from its current level of around $62,000 and will no doubt trigger a ripple effect that will be evident in the market.<\/p>\n

The post read:<\/p>\n

\n

$95K will be achieved in just one move, and that is quite obvious. Will that move start today, tomorrow, or the day after tomorrow? I don’t think anyone knows. If you can’t relax now and wait for #Bitcoin to perform as expected, then it’s better to leave the market to avoid the torture. Because in the coming months, there will be a lot of pain for those with weak nerves.<\/p>\n<\/blockquote>\n

BitQuant\u2019s prediction was in response to another crypto analyst, Mikybull, who identified<\/a> the formation of a \u2018cup and handle\u2019 pattern on the Bitcoin crash<\/a>. The analyst believes that this formation will precede a massive breakout that will send it to a \u201ccycle top.\u201d<\/p>\n

\"Bitcoin
BTC bulls push price to $62,000 | Source: BTCUSD on Tradingview.com<\/a><\/figcaption><\/figure>\n

Is $250,000 Still In Play?<\/h2>\n

Back in 2023, when BitQuant made the initial prediction that Bitcoin would reach a new all-time high before the halving, he had set out a price target for the cryptocurrency. As the crypto analyst explained at the time, reaching a new all-time high<\/a> before the halving, although it has never happened before, does not mean that it will peak by then.<\/p>\n

Related Reading: Shiba Inu Volume Flips Dogecoin, Will SHIB Price Flip DOGE If This Analyst\u2019s Prediction Comes True?<\/a><\/div>\n

Rather, the analyst expects the bull rally to continue well after the halving, which is when the price will peak<\/a>. BitQuant\u2019s target at the time was the price peaking at $250,000 at the top of the cycle. However, this target has not made an appearance in his analyses in recent times.<\/p>\n

The most recent predictions circle around the $95,000 target and the analyst expects it to hit this price in May. In a prediction from April, BitQuant expects that the price will first go to $49,000, before recovering to $75,000, and then surge to $95,000.<\/p>\n

\n

First $49K,
\nThen $75K,
\nNow $95K.
\nWhat’s next will be revealed after we hit $95K and take a little break in the tent. #Bitcoin<\/a> https:\/\/t.co\/yvKyHZZWQw<\/a><\/p>\n

\u2014 BitQuant (@BitQua) April 25, 2024<\/a><\/p><\/blockquote>\n

Follow Best Owie on X (formerly Twitter)<\/a> for market insights, updates, and the occasional funny tweet\u2026 chart from TradingView.com<\/strong><\/em><\/div>\n","protected":false},"excerpt":{"rendered":"

The Bitcoin rise above $69,000 before the fourth halving to reach a new all-time high of $73,000 in 2024 took many by surprise. However, crypto analyst BitQuant was not one of those people. In 2023, the analyst had correctly predicted that the BTC price would reach a new all-time high before the halving was completed. After the successful completion of his prediction, the crypto analyst has once again predicted where the Bitcoin price is headed, and how high it will go. Crypto Analyst Says Bitcoin Price Will Reach $95,000 BitQuant has unveiled his latest prediction for the Bitcoin price, and the target being displayed will please many who continue to be bullish. Amid the choppy headwinds that have dominated the market, the analyst believes that the Bitcoin price will surge and reach $95,000. Related Reading: Dogecoin Derivatives Volume Jumps 111% As Open Interest Spikes, But What About Price? Interestingly, the analyst does not expect the campaign to $95,000 to be a long, drawn-out move. Rather, BitQuant explains that the Bitcoin price can complete this target in a single move. Such a move would mean a 50% increase in price from its current level of around $62,000 and will no doubt trigger a ripple effect that will be evident in the market. The post read: $95K will be achieved in just one move, and that is quite obvious. Will that move start today, tomorrow, or the day after tomorrow? I don’t think anyone knows. If you can’t relax now and wait for #Bitcoin to perform as expected, then it’s better to leave the market to avoid the torture. Because in the coming months, there will be a lot of pain for those with weak nerves. BitQuant\u2019s prediction was in response to another crypto analyst, Mikybull, who identified the formation of a \u2018cup and handle\u2019 pattern on the Bitcoin crash. The analyst believes that this formation will precede a massive breakout that will send it to a \u201ccycle top.\u201d Is $250,000 Still In Play? Back in 2023, when BitQuant made the initial prediction that Bitcoin would reach a new all-time high before the halving, he had set out a price target for the cryptocurrency. As the crypto analyst explained at the time, reaching a new all-time high before the halving, although it has never happened before, does not mean that it will peak by then. Related Reading: Shiba Inu Volume Flips Dogecoin, Will SHIB Price Flip DOGE If This Analyst\u2019s Prediction Comes True? Rather, the analyst expects the bull rally to continue well after the halving, which is when the price will peak. BitQuant\u2019s target at the time was the price peaking at $250,000 at the top of the cycle. However, this target has not made an appearance in his analyses in recent times. The most recent predictions circle around the $95,000 target and the analyst expects it to hit this price in May. In a prediction from April, BitQuant expects that the price will first go to $49,000, before recovering to $75,000, and then surge to $95,000. First $49K, Then $75K, Now $95K. What’s next will be revealed after we hit $95K and take a little break in the tent. #Bitcoin https:\/\/t.co\/yvKyHZZWQw \u2014 BitQuant (@BitQua) April 25, 2024 Follow Best Owie on X (formerly Twitter) for market insights, updates, and the occasional funny tweet\u2026 chart from TradingView.com<\/p>\n","protected":false},"author":541,"featured_media":608194,"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":[428,656,679,1119,89185,1122,1144,78790,6664,90232,10923,14690,91847,92303,2890],"class_list":["post-608190","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-bitcoin-news","tag-bitcoin-price","tag-btc","tag-btc-news","tag-btc-price","tag-btcusd","tag-btcusdt","tag-crypto","tag-crypto-expert","tag-crypto-market","tag-crypto-news","tag-expert","tag-market-expert","tag-market-news"],"acf":[],"yoast_head":"\nMarket Expert Who Predicted Bitcoin\u2019s Rise above $69,000 Unveils New Target<\/title>\n<meta name=\"description\" content=\"The Bitcoin rise above $69,000 before the fourth halving to reach a new all-time high of $73,000 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Best is a highly skilled professional with a track record of producing engaging and informative content. With a keen eye for detail and a passion for accuracy, Best is committed to ensuring that each article published meets the highest standards of quality. Best has over six years of experience in the crypto industry and has overseen the creation and publishing of thousands of articles over the years. Best is always abreast of everything that is going on in the crypto industry in order to create and curate the most relevant content for readers. This shines through in Best\u2019s publications, which are always clear and concise, enabling easy reading and understanding for all. Best is also an avid learner and advocate for new technology. This has seen Best dive into topics in areas such as decentralized finance (DeFi), non-fungible tokens (NFTs), Layer 2 blockchains, etc. In addition to this, Best is a vocal member of the crypto community across various social media platforms such as X and Reddit. Best\u2019s work garners tens of thousands of readers monthly, who rely on the information in these publications to keep up-to-date with everything happening in the crypto community. Best\u2019s articles explore breaking news, intricate systems such as yield farming, liquidity pools, and other decentralized finance (DeFi) systems. This is because Best understands the importance of information to gaining financial freedom and believes that everyone should have access to this information. Best also believes in leveraging the blockchain for philanthropy to create the most positive social impact. This involves work with charitable organizations focused on financial literacy and education. With each article, Best lends a voice to important issues such as a more financially inclusive future, transparent systems for growth and development, and technology that is not self-serving but one that serves all of humanity. When not curating engaging content, Best can be found reading a book with a cup of hot chocolate, enjoying a Netflix series, or exploring the outdoors with Green - the world\u2019s most quiet and well-behaved Husky. Best\u2019s interests also span other industries such as art, finance, and security, attending seminars and conferences in not just the crypto industry but other industries as well. As an animal lover, Best is also involved with charities for animals, local shelters, and rescues. Best is also involved in local events that promote inclusivity, such as being a prominent member of hiking clubs and a cycling club, as well as being a part of a very happy group of animal lovers. Best is a true professional in every sense of the word, with an exceptional dedication to producing high-quality work. This shines through in Best's work on and off the clock. These include advocating for inclusive crypto education for all, the impact of financial illiteracy, and the benefits of adopting new technologies such as cryptocurrencies. Best\u2019s prolific career in the media industry is a testament of how hard work and dedication pays.","sameAs":["https:\/\/www.linkedin.com\/in\/best-owie-41a150178\/","https:\/\/x.com\/https:\/\/twitter.com\/BestOwie"],"url":"https:\/\/wncen.com\/author\/owiebest\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Market Expert Who Predicted Bitcoin\u2019s Rise above $69,000 Unveils New Target","url":"http:\/\/wncen.com\/news\/market-expert-bitcoin-new-target\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/market-expert-bitcoin-new-target\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/05\/Bitcoin-ATH.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/05\/Bitcoin-ATH.jpeg?fit=1024%2C1024"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Best Owie"}],"creator":["Best Owie"],"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","btc","btc news","btc price","btcusd","btcusdt","crypto","crypto expert","crypto market","crypto news","expert","market expert","market news"],"dateCreated":"2024-05-15T22:00:34Z","datePublished":"2024-05-15T22:00:34Z","dateModified":"2024-06-11T07:00:53Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Market Expert Who Predicted Bitcoin\\u2019s Rise above $69,000 Unveils New Target\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/market-expert-bitcoin-new-target\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/market-expert-bitcoin-new-target\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/Bitcoin-ATH.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/Bitcoin-ATH.jpeg?fit=1024%2C1024\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Best Owie\"}],\"creator\":[\"Best Owie\"],\"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\",\"btc\",\"btc news\",\"btc price\",\"btcusd\",\"btcusdt\",\"crypto\",\"crypto expert\",\"crypto market\",\"crypto news\",\"expert\",\"market expert\",\"market news\"],\"dateCreated\":\"2024-05-15T22:00:34Z\",\"datePublished\":\"2024-05-15T22:00:34Z\",\"dateModified\":\"2024-06-11T07:00:53Z\"}<\/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\/05\/Bitcoin-ATH.jpeg?fit=1024%2C1024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/608190"}],"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\/541"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=608190"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/608190\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/608194"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=608190"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=608190"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=608190"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}