Analyst Who Predicted Bitcoin’s Reversal to $10k Thinks $16k Is Next

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Bitcoin could rocket even higher in the near to medium term. One analyst believes that $16,000 is in sight after BTC managed to flip $10,000 into support. The analyst who made this assertion is the same one that predicted BTC would undergo a V-shaped reversal to $10,000 by May or June. Bitcoin Could Soon Rocket Towards $16,000, Analyst Predicts Bitcoin could rocket even higher in the near to medium term, analysts argue after the coin gained around $1,500 in a week. A prominent pseudonymous crypto-asset analyst shared the chart below just recently. It shows that Bitcoin is currently on track to move towards the next macro level at $16,000 after it managed to flip $10,000 into support. $10,000 has long been an important level for the leading cryptocurrency, acting as a macro resistance and support on a number of occasions. The analyst who shared this chart is one that has…

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