Crypto Strategist Sees Bitcoin Potentially Rallying to $68,000 – But There’s a Big Catch
A closely followed crypto strategist believes it is within the realm of possibility for Bitcoin (BTC) to witness an abrupt rally to $68,000.
Pseudonymous analyst Credible Crypto tells his 423,300 followers on the social media platform X that a relief rally is in sight for Bitcoin and the altcoin market.
But the trader warns that the rally will likely be short-lived and that Bitcoin will soon resume its bearish price action.
“As I’ve said I think some relief here shortly across the board would be ideal.
A couple of variations of low-time frame price action I can see playing out in the coming days.
Grand scheme of things: no change to my belief that this is just part of a larger correction to the downside.”