Crypto technical analysts and traders have mixed opinions about the next direct Bitcoin prices will take. This follows a weekend of consolidation where BTC's market valuation didn’t deviate much from $5,100. Markets have started to move, as we begin another week; however it is not
Peter Brandt just became bullish and thinks that Bitcoin (BTC) could go as high as $50,000.
In a recent tweet that went viral in the crypto community, he explained how BTC could have entered a new “parabolic phase.”
Brandt, a 40 years trading veteran who has written
Crypto market momentum has continued throughout the weekend, as Bitcoin just reached a new 2019 high. The result is also a new high for total market capitalization, as the fervor following last week’s big rally shows no sign of abating just yet.
Bitcoin Breaks $5,350
Tone Vays is still bearish and believes that Bitcoin could go down to $1,300, which is the high of December 2013.
Speaking on Ivan on Tech’s Good Morning Crypto Show, he said:
“My worst case scenario target is $1,300. It doesn’t mean that Bitcoin has to