Analyst Says Bitcoin Bulls Have Won And This Is The Next Target

Bitcoinist03-14 19:30

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Over the last week, the Bitcoin bulls have been putting up a fight to combat the consistent decline...

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Ad Disclosure\n\nOver the last week, the Bitcoin bulls have been putting up a fight to combat the consistent decline...</p>\n\n<a href=\"https://bitcoinist.com/bitcoin-bulls-have-won-target/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BITO","symbol_name":"比特币期货ETF-ProShares","start_time":0,"source_url":"https://bitcoinist.com/bitcoin-bulls-have-won-target/","article_id":"2619122153","we_media_id":null,"thumbnails":["https://bitcoinist.com/wp-content/uploads/2024/07/Bitcoin-bull.webp?resize=350%2C250"],"rights":{"source":"bitcoinist_highlight","url":"https://bitcoinist.com/bitcoin-bulls-have-won-target/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2619122153","pubTimestamp":1773487840,"columns":[],"sourceInfo":{"source_id":"bitcoinist_highlight","name":"Bitcoinst"},"weMediaInfo":null,"summary":"Over the last week, the Bitcoin bulls have been putting up a fight to combat the consistent decline, and this has...","collect":0,"end_time":0,"defaultTopTitle":"bitcoinist.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BITO":"比特币期货ETF-ProShares","BITX":"2倍比特币期货ETF-Volatility Shares","BTC":"Grayscale Bitcoin Mini Trust"},"translate_title":"分析师称比特币多头已经获胜，这是下一个目标","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BTC":0.6,"BITX":0.6,"BITO":0.6},"content_text":"Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure\n\nOver the last week, the Bitcoin bulls have been putting up a fight to combat the consistent decline, and this has led to the price ranging around the $70,000 level. With this newfound recovery trend, things look to have taken a turn for the better as buyers are moving back into the arena. The result of this could be a clear upward target that could send the price back above 6-figures and kickstart the bull run again as a result.\n3 Green Candles Says Bitcoin Bulls Are In Charge\nSince the decline began back in February, Bitcoin has been hard-pressed to complete consistent green days. In fact, since January 2026, the cryptocurrency has been unable to complete three full days in the green. That is, until now, as the recent recovery trend shows that bullish sentiment has returned once again.\n\n\n\n\n\n\nRelated Reading: Here’s What The Solana Price Would Be If It Reaches The ATH Market Cap Of Ethereum\nCrypto analyst Master Ananda highlights this development as important in showing that the bulls have now taken over control of the Bitcoin price. The three green daily candles, the analyst believes, are confirmation that a new rally has arrived.\nNot only are the three consecutive daily candles confirming another rally, but the crypto analyst also says that Bitcoin will put in a higher high this week, meaning that the local uptrend will be confirmed in its entirety. This suggests that the price will stay above $70,000 through to the end of the week.\nSource: TradingView\nThe recovery has now set the Bitcoin price inside a rising wave pattern. If this wave is confirmed, it would mean that the months of accumulation and sideways price movements have now come to an end for Bitcoin. Not only this, but it sets the tone for a major recovery rally.\n\n\n\n\n\n\n\n\n\n\n\n\nRelated Reading: XRP Suppression: Ripple CEO Says ‘They Were Afraid Of Us’\nThe first of the targets set for Bitcoin from here lies at the $80,000 level. There is expected to be some resistance here, but this will likely not stop the rally. Once this area is surmounted, then Master Ananda expects the Bitcoin price to rise until it stops at around $100,000.\nAs for the rest of the market, they have so far followed Bitcoin’s lead, and the most likely outcome is that altcoins will rise as BTC does. The crypto analyst points to this, saying that altcoins are already reacting positively, and thus, this is expected to continue.\n\n\n\n\n\n\n\n\n\n\n\n\nBTC price still holding above $71,000 | Source: BTCUSD on TradingView.com\nFeatured image from Dall.E, chart from TradingView.com\n\n\n\nEditorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2619122153","isCrawlerRequest":true}