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<ul class="wp-block-list news-points">
 <li>An analyst predicted an all-time high of $73,794 for Bitcoin before the end of 2024.</li>
 <li>The flagship crypto dropped below $50,000 in August but has gained bullish momentum.</li>
 <li>DXY indicator shows a bearish setup as it approaches the overbought zone on the RSI metric.</li>
</ul>
A cryptocurrency analyst predicted that Bitcoin would reach an all-time high of $73,794 this quarter. In his <a href="https://www.youtube.com/watch?v=wDlSUzbW4G8" target="_blank" rel="noopener noreferrer nofollow">podcast</a>, Thinking Crypto, the analyst highlighted various indicators that suggested a momentum build-up in the crypto market.&nbsp;
Bitcoin has maintained a bullish outlook despite failing to fulfill most crypto users’ expectations in October. At the time of writing, the BTC was trading at&nbsp; $64,103, having recorded a 30% recovery from its pullback from its March all-time high. The flagship crypto dropped below $50,000 in August but has gained bullish momentum.
<a href="https://coinedition.com/bitcoin-bull-cycle-double-peak-pattern-suggests-further-gains/" rel="noopener noreferrer nofollow">Read also: Bitcoin Bull Cycle: Double Peak Pattern Suggests Further Gains</a>
The analyst suggests that traders can use these pullbacks as opportunities to “buy the dip.” He also cites another analyst, Cryptowzrd, who calls Bitcoin’s current movement a “golden trap,” stating that gold is paving the way for Bitcoin and that a parabolic rally i…
The post <a href="https://coinedition.com/analyst-predicts-btc-heading-for-all-time-high-this-quarter/" rel="noopener noreferrer nofollow">Analyst Predicts BTC Heading for All-Time High This Quarter</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Analyst Predicts BTC Heading for All-Time High This Quarter

Coin Edition

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