Bitcoin is Targeting $14,000

Bitcoin is Targeting $14,000

May 9, 2020 by CS Team
A popular crypto analyst, “Credible Crypto”, said that Bitcoin is definitely on the way to $14,000, and the only question is how long it will take, but before that it needs to break the $9.7k-10.5k resistance. Credible Crypto tweeted: “With Step 1 and Step 2 completed, the last barrier between us and my 14k target
rising Bitcoin Is Reportedly Targeting $14,000

A popular crypto analyst, “Credible Crypto”, said that Bitcoin is definitely on the way to $14,000, and the only question is how long it will take, but before that it needs to break the $9.7k-10.5k resistance.

Credible Crypto tweeted:

“With Step 1 and Step 2 completed, the last barrier between us and my 14k target is this 9.7k-10.5k region. If we break it now, 14k+ will likely come soon after. If we reject it, we will get one last dip before breaking it. Either way, 14k+ is coming imo.”

Josh Rager also weighed in, stating that BTC must remain above $9,150-$9,500 in order to hold on to the momentum.

Specifically, he Tweeted:

Not worried about pullbacks yet at this time, heck of a daily close

If price can hold above $9150, not really worried about dips, preferably above $9500s but always ready for a scam wick

Bitcoin eventually has to correct hard, but it still looks strong

One of the most successful investors, Mr. Paul Tudor Jones, recently stated that his investment fund is buying Bitcoin as a hedge against inflation.

Source: CryptoGazette.com

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