Crypto Prophet Jeremy DaVinci Predicts Bitcoin Surge: Are We Headed For $130,000?
10 April 2024 - 1:00AM
NEWSBTC
Amidst the recent market retracement, notable crypto enthusiast and
YouTuber Jeremy DaVinci has sparked optimism in the Bitcoin
community. DaVinci’s analysis revolves around a technical
indicator, the Bollinger Bands, suggesting a potential rally in
Bitcoin’s price trajectory. Where Are We Headed To? According to
DaVinci, Bitcoin has closed above the upper Bollinger Bands
indicator for two consecutive months, a pattern that historically
preceded significant price surges. Drawing from past occurrences,
DaVinci hints at the possibility of Bitcoin’s price doubling within
three months following this setup. Related Reading: Beyond Halving:
Expert Predicts Bitcoin To Soar Above $200,000 With Surprising
Catalyst DaVinci, renowned for his early adoption of Bitcoin and
emotional support for the cryptocurrency, has positioned himself as
a prominent figure within the crypto space. With his latest
forecast, DaVinci projects Bitcoin’s price to surpass $130,000
within the next three months potentially. This bullish prediction
aligns with similar sentiments echoed by other market experts,
further supporting optimism among Bitcoin investors. Things are
looking very interesting now. Bitcoin just closed two months above
the upper Bollinger Band! Historical data shows that whenever this
happens, Bitcoin’s price has doubled within three months.
pic.twitter.com/jmMpcVzGew — Davinci Jeremie (@Davincij15) April 9,
2024 Macroeconomic Factors To Drive Bitcoin Rise Adding to
Bitcoin’s bullish sentiment, prominent investor Dan Tapiero has
voiced his optimistic outlook for the leading cryptocurrency.
Tapiero, known for his investment insights and founding roles in
Gold Bullion International and 10T Holdings, highlighted a
significant macroeconomic factor that drives Bitcoin’s potential
ascent. According to Tapiero, the observed correlation in the
market points to concerns regarding “monetary debasement” fueled by
a substantial increase in the Treasury market over the past five
years. Tapiero’s bullish stance centers on the unique scarcity of
Bitcoin as a digital asset, emphasizing its potential to outperform
traditional assets like gold. Most remarkable macro correlation
break I’ve seen in some time. Suggests extreme concern about
monetary debasement driven by 60% Treasury mkt increase past 5yrs.
Theme not yet widely subscribed. Bullish #GOLD and more so when
rates drop. Vaults #Bitcoin to 200k+ 🚀 🚀
pic.twitter.com/muI1CNtN0h — Dan Tapiero (@DTAPCAP) April 8, 2024
While acknowledging the favorable prospects for gold in such a
scenario, Tapiero remains particularly bullish on Bitcoin’s future
price trajectory. His forecast hints at the possibility of Bitcoin
surpassing the $200,000 mark, offering investors an opportunity for
substantial gains in digital gold. Related Reading: Bitcoin’s
Recovery Rally: Breaking Through This Level Is Key To Bullish
Momentum – Analyst The asset has demonstrated resilience amid these
speculations and predictions regarding BTC’s possible price rally
in the coming months. While Bitcoin has plunged nearly 5% in the
past 24 hours, it has traded above $69,000 at the time of writing.
Featured image from Unsplash, Chart from TradingView
Optimism (COIN:OPUSD)
Historical Stock Chart
Von Apr 2024 bis Mai 2024
Optimism (COIN:OPUSD)
Historical Stock Chart
Von Mai 2023 bis Mai 2024