Tag: Bitcoin

Thanks to America’s SEC and BTC Dominance Rate I expect a 34% rally for Bitcoin!

On 22 June 2023, I wrote my first Bitcoin prediction article to Trading Tips.At that time, the price broke above and out of a Falling Wedge (shaded pattern).I said it was the start of the next bull market in Bitcoin.And what a rally it has been.In fact, the price has risen to over $35,000 and is close to my target of $36,289.Now Bitcoin has surged over 14% in the last week. And it’s made its highest price point since May 2022.But I believe the rally has only just begun!In this article I’m going to explain why I expect the rally to continue to $46,200 and how we can profit from the rise.

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What’s happened to Bitcoin?

You may be surprised to hear this but Bitcoin, the world’s largest cryptocurrency is crushing it in 2023…A recent chart by New York Digital Investment Group (NYDIG) revealed the biggest crypto by market cap – Bitcoin – is up by 63%.And that was before the recent Bitcoin surge past $35,000.As I write this, Bitcoin is up over 100% so far in 2023…

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