bullish

Bitcoin

when

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/experts-provide-insights-on-bitcoins-price-movements/" data-wpel-link="internal">Experts Provide Insights on Bitcoin’s Price Movements</a><br></p>
<p style="text-align: justify"><strong>Bitcoin’s price</strong> hovers around $65,000, showcasing significant movements over the past few hours. Bulls, who have faced challenges since the recent failure to maintain this level, have seen substantial losses in <a href="https://en.coin-turk.com/binance-announces-support-for-rei-network-and-mobilecoin-upgrades-and-hard-forks/" data-wpel-link="internal">altcoins</a>. After peaking at $65,839, Bitcoin has now dropped to $64,800. What are the current predictions for Bitcoin from <a href="https://en.coin-turk.com/significant-inflows-in-bitcoin-and-altcoin-investment-products-amid-record-trading-volumes/" data-wpel-link="internal">crypto</a> experts in the last two hours?</p> 
<h2 style="text-align: justify" id="insights-from-crypto-experts">Insights from Crypto Experts</h2> 
<p style="text-align: justify">For Bitcoin to remain above $65,000, it would signal the start of a new breakout. Therefore, <a href="https://en.coin-turk.com/crypto-market-dynamics-and-key-movements/" data-wpel-link="internal">altcoin</a> investors are closely monitoring this level. Although copying the strategies of analysts may lead to significant losses, examining the focus areas of five different experts allows for a broader perspective on the market.</p> 
<h3 style="text-align: justify" id="mister-crypto">Mister Crypto</h3> 
<p style="text-align: justify">In a recent graph he shared, the analyst noted a double top breakout. He suggested that if the price can hold above $65,000, it could move towards $75,181. Such a movement could result in over a 30% increase for altcoins that have been struggling for two quarters.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-392215 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/09/5-analist-btc-tahmini-1.png" alt="" width="2257" height="1252"></p> 
<h3 style="text-align: justify" id="moustache">Moustache</h3> 
<p style="text-align: justify">The second analyst expressed satisfaction with the expected price movement after a 20% rise in less than a month. He emphasized that this period remains a bull market, suggesting that corrections present buying opportunities, contrary to the pessimistic outlook of many experts anticipating a decline to $40,000.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-392216 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/09/btc-analist-yorumu-2.jpg" alt="" width="2560" height="1298"></p> 
<h3 style="text-align: justify" id="planb">PlanB</h3> 
<p style="text-align: justify">Known for making accurate predictions during bullish markets, PlanB recently reaffirmed his long-term forecast. He stated, “My Bitcoin prediction for 2024-2028 halving period is an average of ~500k, with a range between 250k and 1M.” His past forecasts have also generated discussions, especially regarding the anticipated 100k mark.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-392217 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/09/planb-dongu-fiyat-hedefi.png" alt="" width="647" height="799"></p> 
<h3 style="text-align: justify" id="vivek">Vivek</h3> 
<p style="text-align: justify">Vivek highlighted a significant short position of 1.6 billion dollars accumulating at the $70,000 level. He believes this liquidity will act as a magnet, similar to previous instances. With both sides learning to manage stop-loss levels effectively, we may not witness massive liquidations when the price reaches this threshold.</p> 
<p style="text-align: justify"><img loading="lazy" decoding="async" loading="lazy" class="size-full wp-image-392218 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/09/btc-70-bin-dolar-likidasyon.jpg" alt="" width="1280" height="575"></p> 
<h3 style="text-align: justify" id="daan-crypto-trades">Daan Crypto Trades</h3> 
<p style="text-align: justify">The final analyst, Daan Crypto Trades, remarked that Bitcoin is currently attempting to break out. He noted, “It is trading at the daily 200MA and $65K. The top of the channel has not yet been broken.” He emphasized the need for a solid closing above this area to confirm any breakout.</p> 
<p style="text-align: justify"><img loading="lazy" decoding="async" loading="lazy" class="size-full wp-image-392219 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/09/bitcoin-kirilma-asamasinda.jpg" alt="" width="1200" height="689"></p> 
<p>The post <a href="https://en.coin-turk.com/experts-provide-insights-on-bitcoins-price-movements/" data-wpel-link="internal">Experts Provide Insights on Bitcoin’s Price Movements</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.</p>

Experts Provide Insights on Bitcoin’s Price Movements

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