Three Bitcoin Analysts Share the Same Bullish Target. Can you guess the Target?
After a record-breaking bullish run Bitcoin dive to retest again the big psychological number $10,000. The crash also wiped more than $10 billion in market capitalization in just 20 minutes. However, the sell-off doesn’t scare any of our reputed crypto analysts. The bullish sentiment still abounds in the crypto space. An overwhelming majority of Bitcoin fanatics remain optimistic about the future of the world’s biggest cryptocurrency.
Bitcoin price analyst LisaNEdwards thinks BTCUSD will probably hit around $30,000 during the current bullish run. Most others prominent analysts and TradingView contributors share the same bullish view, and they have the same level of excitement to share their targets. For example, TexasWestCapital uses Elliott Wave analysis to pinpoint an intermediate target around the $19,000 figure, while long-time Bitcoin contributor and analyst D4rkEnergY has the same $30,000 target as Lisa.
Now is the time to have an extensively look at why these 3 Bitcoin experts are not worried about the $1,800 drop.
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LisaNEdwards — My Target is around $30,000
The well-known cryptocurrency enthusiast LisaNEdwards in her latest forecast she told her followers that she hope everyone is in Bitcoin. “We’re going to the moon,” that’s the general sentiment and the vibe we get from Lisa. Her optimism is contagious and she doesn’t shy away from sharing her bullish targets with everyone.
When it comes to technical analysis stuffs, LisaNEdwards is a market practitioner of support and resistance levels. The first level of support mentioned in her research analysis is located at the $10,800. This support level also perfectly aligns with a trend line that connects all the lows starting from the beginning of June adding more confluence.
LisaNEdwards was way ahead of the curve calling in advance the current sell-off. She had the precision of a sniper. Once the volatility calms down, she sees Bitcoin price recovering all this week’s losses and reaching a new intermediate top at around the $14,500 level.
This crypto analyst certainly has outstanding skills when it comes to forecasting the future price of Bitcoin. Out of the last five predictions, four forecasts prove to be perfectly on target.
Our next crypto analyst is a proponent of the Elliott Wave theory.
D4rkEnergY — Bulls Have Everything under Control
Meanwhile, cryptocurrency trader D4rkEnergYYY from Denmark label this week’s sell-off as a there wave corrective move. He employs the Elliott Wave theory to map out the price action and the market sentiment. Our fellow crypto analyst also adheres to sentiment analysis. He does a very good job explaining how market participants react to the price action. We recommend you to read his full take on Bitcoin sentiment and how the Whales are manipulating the price.
According to his analysis we’re now entering into an explosive wave 5 similar to the one we saw at the end of 2018 that culminate with Bitcoin reaching an all-time high of $19,891.
D4rkEnergY has an outstanding ability to correctly predict short-term Bitcoin price movement. All of his last shots hit their respective targets!
TexasWestCapital — we’re going LONG
Surprisingly, even though TXWestCapital has as a target the $19,000 figure, this is the fifth wave target of the larger degree wave three. Even more surprising is that TexasWestCapital outlines as a possible target for the larger degree wave five the same $30,000 target as our previous two Bitcoin analysts.
Additionally, to support his view he also brings into the equation the Pitchfork channel. This week’s $1,800 drop has prompted TexasWestCapital to also help his followers map the downside in case the big psychological number $10,000 is broken.
Looking through his past forecast it seems TexasWestCapital knows what he is talking about. His previous five forecasts were all in the money hitting their targets.
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