Bitcoin didn’t accentuate bearish price predictions and continues reaching new heights, breaking the $5,600 target. What’s next? Read Bitcoin price predictions from Twitter to find out how much BTC will grow in the nearest days and weeks.
Good news has sparked hope in the crypto community:
Traders are on the bright side
Now, Bitcoin supporters see no reason why it shouldn’t reach the $6,000 level:
Indeed, when it comes to cryptocurrency, things can change in the blink of an eye, so if BTC suddenly strikes and hits $6,000 in a day, no one will be surprised.
Some traders are even more optimistic:
Despite all unknown unknowns that might happen to BTC, traders are very bullish about it:
I'm bullish on #BITCOIN since around the end of march..— TheNextBigPlan (@TheNextBigPlan) April 24, 2019
Higher targets havent been met yet! Will they?
At huge resistance, I wouldnt be surprised with a big green dildo, fueled by shorts staking in.. but, I wouldnt also be surprised by the opposite, since we are above 50 weekly! pic.twitter.com/R3PUIrwQ41
#BTC looks very good, I see no reason here to be with bears. 5350 - 5500 was a heavy resistance and #BTC just went through it. Can it be a bull trap? It can be but given the volume, I stay with Bulls. See the chart below. #bitcoin pic.twitter.com/V55Ytcbojx— TAcademy - Trade Different (@KiaCrypto) April 23, 2019
Correction is unavoidable?
Of course, some traders don’t rush events – they believe that Bitcoin is to undergo a recession before hitting major price targets.
#BTC/USD ASIA ?#Bitcoin's last 4-hr candle dip tested prior resistances converted as support with initial asc triangle rejected on April 11.— CoinDesk Markets (@CoinDeskMarkets) April 24, 2019
Likely to see a retest of $5,490, very bullish if it holds above.
$200+ breakout from recent asc triangle.$BTC pic.twitter.com/N0zb932RX1
A lot depends on Bitcoin’s ability to break the patterns and overcome the next resistance zones. It seems to be more possible now.
When BTC reaches $6,000, it will face the sell wall. Will it get over it?
#bitcoin is currently at $5600. There are tons of buyers at $5300. About a $8.6 million buy wall. If it can dip down to $5,300, it may have enough juice to go past $6K, where there is a $8.6 million sell wall. pic.twitter.com/9Tx7efKDta— Johnny (@DR6am) April 24, 2019
After having overcome the $5,500 resistance, Bitcoin promises to break new levels and touch $6,000 pretty quickly. There’s no reason to wait for bearish trends – a minor correction is the only thing that threatens BTC.