A crypto strategist well-known for accurate Bitcoin predictions anticipates that BTC will reach a new all-time high within a couple of months. Credible Crypto, an analyst with a large following, suggests that Bitcoin is currently fluctuating between $110,000 and $88,000.
Although the analyst expects Bitcoin’s consolidation to lead to an upward movement, he forecasts a temporary drop to the low $80,000 range to shake out traders with weak hands before a significant surge begins. His chart indicates that Bitcoin could potentially hit $126,000 by April if it breaks through the $110,000 resistance level.
As of now, Bitcoin is trading at $96,616, showing a slight increase for the day. The analyst’s perspective suggests that a bullish trend will resume once Bitcoin passes the resistance at $110,000.
