Crypto analyst Crypto Waterman, who is the Bitcoin price action with Chinese astrology, has revealed when the flagship crypto will rise alongside altcoins. This comes as BTC looks to recover from the recent crash to a low of $81,000.
Analyst Reveals When Bitcoin Price Will Rise
In one X messageCrypto Aquarius predicted that the Bitcoin price would rise from December 5 after bottoming out between November 28 and 29, when Mercury retrograde ends. He further noted that there will be large swings up and down between November 29 and December 5, noting that the current market action is similar to that of mid-July 2021. the previous cycle.
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The crypto analyst stated that Bitcoin’s price surge will occur from December 5 to 18 for two weeks, with the relief rally sending BTC to between $100,000 and $110,000. Once that happens, he predicts a three-week dip from December 18 to January 6 that will boost BTC dropped to between $90,000 and $100,000.
After the dip, Crypto Waterman predicts that the Bitcoin price will rise and fall from December 6 to mid-February. new all-time record (ATH) during that period. He expects the flagship crypto to rise between $140,000 and $145,000. Notably, the crypto analyst has so far accurately predicted BTC’s November price action, which he claimed took place with the help of Chinese astrology.
Based on this, the crypto analyst is confident that Bitcoin price is about to enter its final leg in this bull market cycle. He also expects altcoins to witness a final rally to the upside, predicting the altseason to occur between January and February. Crypto Aquarius also revealed that he plans to exit most of his bags in mid-February or early March as the market enters the horse year.
‘Too early’ to call for new ATH
Crypto analyst Colin has indicated that it is too early to predict that Bitcoin price could reach a new all-time high. This follows the recent one BTC rebound from last week’s low of about $81,000. The analyst explained that a rebound was inevitable after the flagship crypto was so oversold. However, he is not macro-optimistic if he expects a new ATH too soon.
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The analyst further noted that such an uptick says nothing about new ATHs and that BTC needs to regain major key levels well above current levels to have a chance of reaching new ATHs. He added that he expects the Bitcoin price reaches $100,000 on this revival, but that does not mean that a new ATH is in sight.
At the time of writing, the Bitcoin price is trading around $87,500, up almost 2% in the past 24 hours. facts from CoinMarketCap.
Featured image of Pngtree, chart from Tradingview.com