bullish

Bitcoin

Read

Gains

<ul>
 <li>Bitcoin (BTC) seems to be losing momentum as bullish sentiments drop.&nbsp;</li>  
 <li>As the asset trades at the mid $60,000 range, one reputed analyst remains unconcerned.</li>  
 <li>He says BTC will rise in the coming months to set a new ATH at the end of the year.</li> 
</ul>  
<p>Bitcoin (BTC) continues to hang between the mid-$60,000 range and in turn, draws a sort of halt in the bullish momentum of all other altcoins. With <a href="https://coinmarketcap.com/currencies/bitcoin/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin (BTC)</a> struggling to regain the $70,000 and above price mark, many investors are beginning to falter in their conviction for a greater ATH for the asset.&nbsp;</p>  
<h3 class="wp-block-heading" id="h-silver-tongued-analyst-remain-bullish-on-bitcoin">Silver-Tongued Analyst Remain Bullish on Bitcoin</h3>  
<p>One crypto analyst who remains unworried about Bitcoin’s current struggles is the reputed crypto and Bitcoin analyst <a href="https://x.com/DrProfitCrypto" target="_blank" rel="noopener noreferrer nofollow">Doctor Profit</a>. This analyst has made many accurate crypto market predictions and is certain that Bitcoin will continue to trade in a slow sideways movement for a while longer.&nbsp;</p>  
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  https://twitter.com/DrProfitCrypto/status/1819104194411786639
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<p>In detail, Doctor Profit shares what he called a trusted box where he says Bitcoin (BTC) price will trade for months between $56,000 to $72,000, give or take a couple of thousands due to market news and fluctuating market sentiments. He says that after a short period Bitcoin price will break out of this trusted box to move into an all-time high (ATH) box.</p>  
<p>Doctor Profit has <a href="https://cryptonewsland.com/silver-tongued-analyst-sets-3-bitcoin-ath-targets-for-golden-bull-run-phase/" target="_blank" rel="noopener noreferrer nofollow">set many new ATH targets for Bitcoin</a> depending to bearing, base, and bullish market scenarios where the lowest target lies in the $80,000 level and the highest <a href="https://cryptonewsland.com/bitcoin-btc-ath-of-220k-super-cycle/" target="_blank" rel="noopener noreferrer nofollow">BTC price will take it to $220,000</a>.&nbsp;</p>  
<h3 class="wp-block-heading" id="h-doctor-profit-says-btc-will-set-a-new-ath-this-year">Doctor Profit Says BTC Will Set a New ATH This Year</h3>  
<p>Looking at the current crypto market, Doctor Profit reminds the crypto community to remain calm and trust the box. He also encourages traders and investors to keep up the bullish sentiment by telling them to understand how to plan an asset in a bullish sideways movement.&nbsp;</p>  
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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<p>On this matter, he highlights gold, a traditional asset that moved in a bullish sideways manner for 4 years before exploding towards the upside. He believes the same will play out for Bitcoin (BTC) which is digital gold and expects BTC to set a new ATH this year.</p>  
<h4 class="wp-block-heading" id="h-read-also">Read Also</h4>  
<ul class="wp-block-yoast-seo-related-links yoast-seo-related-links">
 <li><a href="https://cryptonewsland.com/btc-will-surpass-74k-to-enter-80k/" rel="noopener noreferrer nofollow">Bitcoin Breaks $62,000, Reputed Analyst Says BTC Will Surpass $74,000 to Enter $80,000 Target Next</a></li>  
 <li><a href="https://cryptonewsland.com/unimaginable-gains-await-crypto-traders-during-q3-q4-of-2024-according-to-silver-tongued-crypto-analyst/" rel="noopener noreferrer nofollow">Unimaginable Gains Await Crypto Traders During Q3 - Q4 of 2024 According to Silver-Tongued Crypto Analyst</a></li>  
 <li><a href="https://cryptonewsland.com/silver-tongued-analyst-sets-3-bitcoin-ath-targets-for-golden-bull-run-phase/" rel="noopener noreferrer nofollow">$157,500 BTC Bull Top Target Revealed, Silver-Tongued Analyst Sets 3 Bitcoin ATH Targets for Golden Bull Run Phase</a></li>  
 <li><a href="https://cryptonewsland.com/bitcoin-price-chart-preps-for-crucial-73000-breakthrough-silver-tongued-analyst-advises-watch-over-ema50-line/" rel="noopener noreferrer nofollow">Bitcoin Price Chart Preps for Crucial $73,000 Breakthrough, Silver-Tongued Analyst Advises Watch Over EMA50 Line &nbsp;</a></li>  
 <li><a href="https://cryptonewsland.com/do-not-underestimate-xrp-says-silver-tongued-crypto-market-analyst/" rel="noopener noreferrer nofollow">Do Not Underestimate XRP, Says Silver-Tongued Crypto Market Analyst</a></li> 
</ul>                   
<p>The post <a href="https://cryptonewsland.com/bitcoin-will-set-new-ath-this-year/" rel="noopener noreferrer nofollow">Bitcoin’s New ATH Will be Set This Year According to Silver-Tongued Analyst’s Detailed Analysis</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Bitcoin’s New ATH Will be Set This Year According to Silver-Tongued Analyst’s Detailed Analysis

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