Analyst Who Predicted 2018’s Bottom Predicts Bitcoin Could Hit $13,000


Bitcoin has seen a strong retracement since the Monday highs of $12,500. As of this article’s writing, the leading cryptocurrency trades for $11,550, slightly above the daily lows at $11,500. BTC is in a weak spot heading into the weekend, as the short-term support in the $11,700-11,800 region has been lost. A historically accurate analyst remains optimistic that Bitcoin is in a good spot despite the ongoing retracement. The analyst in question thinks BTC could fall in the coming days but that it will eventually bounce back and return to $13,000. Bitcoin Could Soon Surge Towards $13,000: Historically Accurate Analyst Bitcoin’s ongoing drop has been scaring many crypto traders. Perusing forums where cryptocurrency traders meet, there are many analyses being shared suggesting that BTC could soon drop towards the pivotal $10,500 support level, then even lower. But according to a historically accurate analyst, this isn’t likely to pan out. He…

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