Crypto Analyst Predicts Bitcoin To Explode by Over 130% and Hit a New All-Time High – Here’s the Timeline - The Daily Hodl
A widely followed crypto strategist and trader is predicting Bitcoin (BTC) will reach a new all-time high before the end of 2023....
- A crypto strategist and trader predicts that Bitcoin will reach a new all-time high before the end of 2023, rising by more than 130% from its current value of $30,057.
- The trader shares a chart showing Bitcoin hitting a support level at around $50,000 in 2024 and crossing the $70,000 level in early 2025, but believes these levels will be reached before the year's end.
- The trader also predicts a bullish Bitcoin dominance (BTC.D) until late 2023, followed by a decline that will spark a massive altcoin run.
- Ethereum challenger Hedera Hashgraph (HBAR) is also mentioned, with a warning that its bottom is not yet in and could dip toward $0.040 if Bitcoin sees a market correction.
The overall sentiment of the article is positive, with the trader predicting a new all-time high for Bitcoin and a bullish trend for altcoins.