Skip to content

Cryptocurrency Bulletin

Crypto Wallets, News, Reviews and Guides

Menu
  • Home
  • Crypto Prices
  • Analysis
  • Best Crypto Wallets
  • Crypto Market Updates
  • Interviews
  • News
  • Metaverse
  • Bitcoin
  • Predictions
  • Scams
  • Opinion
  • Videos
  • People
  • Brokers
  • Exchanges
  • Guides
  • Cryptofinance
  • Sitemap
Menu

Bitcoin Price Is To Hit $30,000 In November, Claims An Analyst

Posted on October 23, 2022

One of the Bitcoin and crypto analysts has recently shared his predictions about the Bitcoin movement in near future. He has shared his speculations about the direction he sees Bitcoin’s price move.

Van de Poppe’s Bullish Prediction

Van de Poppe, a senior crypto analyst has stated that given the current situation of Bitcoin, it is highly like for a bullish run to take place.

He stated that the bets are more toward the bullish side than on the bearish side. According to the analyst, the largest cryptocurrency is set for a major jump in its value in the coming weeks.

As per Van de Poppe’s speculations, Bitcoin has the potential to increase in value by 35%. A rise in the trading price of Bitcoin is expected in the upcoming weeks.

As per De Poppe’s words, it is only a matter of two to three weeks until the trading price of Bitcoin starts moving upstream. He stated that he strongly supports the upside movement of Bitcoin.

If things go in favor of the bullish run, then Bitcoin would see its price increase as much as $30,000.

De Poppe’s Prediction May Surpass Capo’s Prediction

If the prediction Van de Poppe has made, works out well then it would have surpassed the very prediction made by Capo of Crypto, who is a popular crypto pundit.

As per Capo of Crypto, the trading price of Bitcoin was set to hit as much as $21,000 in the upcoming months.

Van de Poppe also acknowledged the same prediction made by Capo of Crypto, claiming Bitcoin would hit a high of $21,000.

However, Van de Poppe’s claim went beyond the $21k prediction and is now set to hit a high of $30k in the upcoming future.

Van de Poppe stated that the demand for Bitcoin is constantly rising and investors are growing positive sentiments in its favor.

The analyst stated that the old and long-term investors/holders are finally coming into action. Their efforts would eventually help push the trading price of Bitcoin to a higher level.

Bitcoin Leaving Exchanges in Abundance

The data from major on-chain data firm Chainalysis has revealed that the exchanges are constantly losing their holdings of Bitcoin. It suggests that the exchange buyers have also come into action.

They are actively buying Bitcoin, which is to increase the trading price of Bitcoin in near future. With more Bitcoin leaving the market, the demand for the largest cryptocurrency would continue increasing.

The amount of Bitcoin in the wallets of the HODLers is constantly rising and is currently sitting at an all-time high.

Over time, the conviction of the investors may rise significantly, which would help push Bitcoin’s price in the future.

Cryptocurrency Bulletin is a blog dedicated to providing concise and up-to-date information on the latest developments in the world of digital currencies, blockchain technology, and decentralized finance.

Looking for something?

RSS Crypto Market Updates

  • Euler Finance Hacker Sends 51,000 Stolen Ether Back to Protocol
  • Bitcoin Was a Winner During the U.S. Banking Crisis, but Illiquidity Prevents It From Being a USD Hedge
  • The UK Has Created Crypto Banking Problems
  • Crypto Pundits Romance the Hyperinflation and Dollar Death Narrative. Is It a Real Scare?
  • Amazon's NFT Plans Teased in a Receipt Mailed Friday Afternoon
  • NFTX DAO Eyes Treasury Rebalancing After USDC Wobbles
  • Bitcoin Edges Below $28K as Investors Weigh Deutsche Bank Contagion Fears
  • Magic Eden Forms Web3 Games Collective With Leading Publishers, Communities
  • Bitcoin From Defunct BTC-e on the Move Again: Report
  • Eversheds Sutherland Files for Property Rights Over FTX.com Customer Assets

Recent Posts

  • JETbitX Review – What To Expect From This Broker?
  • UniTrust Venture – Things you need to know about this trading brand before opening an account
  • Axia – A Broker That Can Be Trusted? (Axia Review 2023)
  • Is Copy Trading Worth Your Time? Here’s What You Need To Know
  • PayPal Joins ConsensYs To Implement Metamask
  • Amber Group Acquires Sparrow Holdings To Expand To Singapore
  • Binance Stopped Withdrawals in USDC on December 11
  • Does Grayscale Have Enough Bitcoin In Its Reserves
  • Dubai Is Developing New Cryptocurrency Regulations
  • NFT Is Receiving Attention On The Governmental Level

Categories

Archives

©2023 Cryptocurrency Bulletin | Design: Newspaperly WordPress Theme