The price of BTC will reach $28,000

One of the analysts who is bullish on Bitcoin’s price is Max Keiser.

The Wall Street veteran shared a series of tweets in which he predicts a massive rally for Bitcoin. According to Keiser, Bitcoin will continue to rise until it reaches $28,000. When BTC reaches this mark, the analyst expects a correction that will precede a massive uptrend into the six-figure region.

Bitcoin BTCUSD is setting up for a move – likely to follow in GOLD’s footsteps. We’re coiling into a multi-year triangle, and these don’t resolve with small moves. Given the trend entering this pattern was up, this should resolve the same way with 15k then 24k targets.

Another veteran analyst making a bullish prediction for the price of Bitcoin is Tone Vays. The analyst said that a correction of the BTC price back to $10,000 is likely. However, this would be still very bullish, as the analyst stated:

So as long as this trend continues, I will be very bullish on Bitcoin. I think Bitcoin will have a pullback back to $10,000. After that, it can take off to a new all-time high quickly, just like gold. I’m still bullish on Bitcoin very much. I’m not touching my HODL position. I need a full candle above the trend line. This is a start. It looks like this candle will begin and end above the trend line. That is step number one to a sustained trend line break. […] If this candle, closes above $10,000 on a weekly scale, that’s enough for me.

Author : Reynaldo