Crypto Analyst Says Bitcoin Could Hit $100,000, An 86% Surge
Crypto Analyst Says Bitcoin Could Hit $100,000, An 86% Surge
He also observed a broadening pattern in the Bitcoin chart, characterized by lower highs and even lower lows, which could be interpreted as a bullish continuation pattern if the asset breaks its diagonal resistance.Crypto analyst Kevin Svenson predicts that $Bitcoin (BTC.CC)$ could see an upsurge of up to 86%, potentially hitting the $100,000 mark.
加密分析師凱文·斯文森預測 $比特幣 (BTC.CC)$ 可能會飆升至86％，有可能達到10萬美元大關。
What Happened: Svenson said that Bitcoin has formed a bullish divergence pattern on the daily chart. This pattern emerges when the asset's price is trading down or sideways, while an oscillator like the relative strength index (RSI) is in an uptrend, indicating increasing bullish momentum.
發生了什麼：斯文森表示，比特幣在日線圖上形成了看漲背離模式。當資產價格下跌或橫盤整理時，這種模式就會出現，而相對強弱指數（RSI）等振盪器處於上升趨勢，這表明看漲勢頭增強。
In a video post, Svenson said, "We got actually a slightly higher low in the RSI – you could also call it flat support, horizontal support. And upon that flat support, we had lower lows in price. That is a bullish divergence."
斯文森在一篇視頻帖子中說：「實際上，我們的RSI略有上升的低點——你也可以稱之爲持平支撐，水平支撐。在持平支撐位上，我們的價格跌至較低的低點。這是看漲的分歧。」
He also observed a broadening pattern in the Bitcoin chart, characterized by lower highs and even lower lows, which could be interpreted as a bullish continuation pattern if the asset breaks its diagonal resistance.
他還觀察到比特幣圖表中的擴張模式，其特徵是較低的高點甚至更低的低點，如果資產突破其對角線阻力，這可以解釋爲看漲的延續模式。
"And so what is happening on the Bitcoin chart? Well, what we see is a broadening pattern of sorts – lower highs but even lower lows," he added.
「那麼比特幣圖表上發生了什麼？好吧，我們看到的是某種擴大的模式——較低的高點，但甚至更低的低點，」 他補充說。
Svenson suggested that Bitcoin could surge by 60% from current levels if it rallies above the pattern's resistance at around $68,000. Using the Fibonacci extension tool, he outlined two other potential targets at $88,000 and $113,000, representing potential gains of 45% and 86%, respectively.
斯文森表示，如果比特幣反彈至68,000美元左右的阻力位上方，則可能從目前的水平上漲60％。他使用斐波那契擴展工具概述了另外兩個潛在目標，分別爲88,000美元和11.3萬美元，潛在收益分別爲45％和86％。
"Going from the low [of around $49,000] to the potential breakout zone [at around $68,000] and then you look for a target using that, that actually lands us towards $97,000. So that is the target of this pattern," Svenson said.
「從低點（約49,000美元）到潛在的突破區域（約68,000美元），然後使用該區域尋找目標，這實際上使我們跌至97,000美元。因此，這就是這種模式的目標，」 斯文森說。
Regarding the timeline, Svenson warned, "Let's not get ahead of ourselves; it's going to take quite some time for this to play out fully. Price may actually end up, you know, squeezing into this range [between $49,000 and $70,000], chopping around for quite a while before getting the breakout. That breakout could take place in September."
關於時間表，斯文森警告說：「我們不要超越自己；這需要相當長的時間才能完全實現。你知道，價格實際上可能會擠入這個區間（介於49,000美元至70,000美元之間），在突破之前波動了很長一段時間。那次突發事件可能在九月份發生。」
Why It Matters: Svenson's prediction comes at a time when Bitcoin is experiencing significant volatility. The cryptocurrency's price has been fluctuating between highs and lows, with investors closely monitoring these patterns.
爲何重要：斯文森的預測是在比特幣經歷巨大波動之際做出的。加密貨幣的價格一直在高點和低點之間波動，投資者密切關注這些模式。
Svenson's bullish outlook could provide some optimism for those invested in Bitcoin, especially if his predictions of a breakout in September come to fruition.
斯文森的看漲前景可能會爲那些投資比特幣的人帶來一些樂觀情緒，特別是如果他對9月份爆發的預測得以實現。
However, as with any investment, it's crucial to approach with caution and consider the inherent risks involved in cryptocurrency trading.
但是，與任何投資一樣，謹慎對待並考慮加密貨幣交易所涉及的固有風險至關重要。
