Bitcoin To Break ATH Before November, $65k Targeted For March/May 2020 – Analyst - Today's Gazette - Cryptocurrency, Bitcoin, Ripple, Tron, Verge, Cardano News
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Bitcoin To Break ATH Before November, $65k Targeted For March/May 2020 – Analyst

Bitcoin Back On Course After Pullback Scare. Can the Bull Break Further Above $8000?

Bitcoin

Bitcoin To Break ATH Before November, $65k Targeted For March/May 2020 – Analyst

After ending the $6,000 barrier, Bitcoin went up reaching the $8,200 spot. Since then, the cryptocurrency has failed to break resistance at $8,300 with a number of retreats towards $7K level.

The crossover Bitcoin saw since at beginning of April made some of analysts aver that the market has bottomed enough, and the path to the ceiling is clear. So far, the crypto coin has edged into the $8k spot a couple of times to retest the bull power but a retracement takes over each time.

Bitcoin to Hit New All Time High before November, $65k in March/May 2020

A renowned cryptocurrency analysts who is known for loads of XRP predictions, took to Twitter today with a forecast which claims that Bitcoin could likely hit a new all-time high this year.

Crypto Bitlord, in a tweet stated that based on his/her calculation, a new greatest high would be broken by the crypto king before November 2019.

Also Read: Bitcoin Back On Course After Pullback Scare. Can the Bull Break Further Above $8100?

Also READ  Bitcoin (BTC): New Lows Coming, Target of $1,000 Unchanged –Financial Advisor with 40 Years’ Experience

While explaining that the bull run has begun, Bitlord further stated that if the trend he predicted is maintained, we can have another new high by March/May 2020.
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“We can then charge for the $65k target around March/May 2020”, Bitlord averred.

Faster Bull Run May Take Bitcoin to $50k before December

The crypto analyst added more value to the prediction. He said we might however get a stronger momentous rally that will bring us closer to the all-time high value, making Bitcoin hit $50k before December.

Also Read: I’m Long Bitcoin Says Ripple’s Brad Garlinghouse

“Mind you, this could happen much quicker. We might be at $50k before December -This really depends on a few key factors”, Bitlord added.

Crypto Bitlord Foresaw Bitcoin’s Trip To 8k In April

In April 2019 when the market was just warming of for a potential bull run, Crypto Bitlord, even though many did not believe, foresaw the bull run, stating that Bitcoin will soon hit $8k resistance.

Also READ  Analyst – Bitcoin (BTC) price is on the verge to go Bullish. Invest now!

At that time (April 23), the market just witnessed a slight push up that lifted Bitcoin from $5,200 to $5,500.
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Crypto Bitlord, then predicted that Bitcoin would be going straight to $8,000. Although, his latest forecast looks somewhat unrealistic, but the yield from his previous projection seems to be giving people atoms of believe.

In a more advanced estimate, crypto veteran John McAfee averred that Bitcoin will undoubtedly approach 1 million by the end of 2020.

Evelyn is our Senior Editor handling mostly TODAY'S GAZETTE'S featured and marketing contents. She worked with multiple publication companies both online and on paper. Aside from her writing jobs, Evelyn provides business assistance to cryptocurrency start-up companies by providing marketing research and leads.Aside writing for Today's Gazette, Evelyn writes for other crypto web in German and Russian Languages.Her efforts at Today's Gazette created more partnerships with the news publication and crypto firms. She's the brain behind every marketing moves at TG.Email: evelyn.murphy@todaysgazette.com

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