Analyst Predicts ‘The Final Ascent’ For Bitcoin Price, Why A Rise To $300,000 Is Possible From Here

Quick Summary:

His outlook came through a funny poem and a play of words on the Bitcoin price action from August, which he titled “#Bitcoin – The Final Ascent.” The analyst also shared a BTC price chart with technical analysis.  Central to van Lagen’s analysis is a detailed look at the cup and handle pattern that has been developing in Bitcoin’s price chart since the 2022 bear market.

Final Ascent For Bitcoin Price Crypto analyst Gert van Lagen took to social media platform X to share an intriguing outlook concerning Bitcoin and its price action this year in light of the recent US presidential elections and its effect of its price.

Speaking of an intriguing outlook for the Bitcoin price, analyst van Lagen highlighted that Bitcoin is still on track to reach $250,000 this year.  Related Reading: Shiba Inu Burn Rate Ignites 3,674% On Election Day, Will SHIB Move With Dogecoin Price To New ATH?

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Article Details

Author / Journalist: Scott Matherson

Category: Crypto

Markets: United Kingdom

Topics: Btc price Btcusd Bitcoin news Bitcoin Btc Crypto news BTC news Crypto analyst Bitcoin BTCUSDT Analyst Crypto Bitcoin price

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-07 @ 13:00:03 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 467 words

Reading Time: 3 minutes read

Sentences: 64 lines

Sentence Length: 8 words per sentence (average)

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Copyright Owner: © NewsBTC

News ID: 23461593

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