Bitcoin Price Mirrors 2017 Pattern, Is The Top Only 2 Weeks Away After Hitting $100,000?

Quick Summary:

As the entire industry continues to await the Bitcoin price break above $100,000, crypto analyst Tony “The Bull” Severino has highlighted an interesting outlook for what to expect from here.  Bitcoin Price Mirrors 2017 Pattern Crypto analyst Tony Severino drew parallels of Bitcoin’s recent price movements to its 2017 surge.

Now seven years later, it is exhibiting similar price movements as it looks to break above the next round figure mark of $100,000.  Related Reading: Crypto Analyst Predicts 37% Upshoot For Dogecoin Price, Points Out Support Levels Bitcoin’s break above the $10,000 level was a pivotal moment in its price history, as it marked a break above a key psychological threshold.

Severino’s analysis centers around the idea that breaking $100,000 could cause another sharp Bitcoin price increase, much like what happened after it crossed $10,000 in 2017.

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Author / Journalist: Scott Matherson

Category: Crypto

Markets: United Kingdom

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

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Article Type: News Report

Published On: 2024-11-22 @ 21:30:36 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 469 words

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Copyright Owner: © NewsBTC

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