Crypto Live News

Bitcoin Price Chart Preps for Crucial $73,000 Breakthrough, Silver-Tongued Analyst Advises Watch Over EMA50 Line

  • Popular Bitcoin price analyst Doctor Profit shares his latest BTC report.
  • He says a crucial EMA50 line move will determine price trajectory soon.
  • According to him, $73,000 breakthrough may be in the works.

Popular Bitcoin (BTC) and crypto analyst known for his silver-tongued price prediction shares his latest report about the current market. Specifically, Doctor Profit highlights his accurate prediction from the previous week and predicts the coming price actions. 

Read CRYPTONEWSLAND on google news

To begin, he talks about his last Sunday report when the Bitcoin price was sitting at $70,000. When this report was shared Doctor Profit was certain that the price of Bitcoin will head towards the $66,000 mark. 

In this new report Doctor Profit is pleased to see that his prediction has played out perfectly once again. He also reminds traders that long term holding is not a straight shot towards the top instead its long periods of slow sideways movements and significant brutal corrections. 

He then takes a moment to see that this price action has been consistent since $16,000 to $70,000. With dips, corrections, and sideways movement before finally shooting towards upward price marks. 

He says the next most important phase is the EMA50. Vigilant watch on this line is crucial as this is what will determine what lies ahead for Bitcoin price. He says the next top for Bitcoin is the $72,000 to $73,000 price range. 

Then he also says the bottom for this cycle box is $56,000 to $57,000. He thereby sets the buy and sell targets for this Bitcoin price trend. He also reminds his readers that market makers are assisting price movements as planned and aim to exhaust traders. 

Ending his message by saying not to play into the hands of market makers, Doctor Profit urges his readers to make calm and smart decisions and to not forget the big picture which is that Bitcoin (BTC) will set groundbreaking new ATHs in the coming super bull cycle. 

Read More

Lauren Cole

A focused and vigilant storyteller for all things blockchain and cryptocurrency. Besides consuming every piece of literature about the metaverse, she can often be found at industry convections looking for the latest scoop.

Recent Posts

BlockDAG Spearheads Altcoin Revolution: Eyeing $30 Amidst Shiba Inu & Arbitrum Surge

Experience the surge of #BlockDAG, outperforming #ShibaInu and #Arbitrum with its impressive potential for a…

47 mins ago

Spot Bitcoin ETFs Trigger Wave Of Bullishness For Stacks (STX), ETFSwap (ETFS), And ConstitutionDAO (PEOPLE)

The #SpotBitcoinETFs approval continues to fuel bullish trends for #Stacks(STX), #ETFSwap(ETFS), and #ConstitutionDAO(PEOPLE). #BitcoinETFs #Bitcoin…

47 mins ago

Ripple President Monica Long Discusses Business Expansion and Regulatory Clarity, XRP Rising

#Ripple President Monica Long discusses business growth, legal clarity on #XRP, expansion beyond payments, and…

54 mins ago

Notcoin Gains Momentum with 20% Jump, Market Eyes Further Growth Potential

Notcoin jumps 20% in 24 hours, hitting $0.01623 with a $491M trading volume and $1.64B…

1 hour ago

Solana Adds ‘Blinks’ and ‘Actions’ For Effortless Crypto Trading on Social Apps

#Solana introduces #'Blinks' and #'Actions' for effortless crypto trading on popular social apps. #Solana #Blinks…

2 hours ago

Nubank Partners with Lightspark to Bring Bitcoin Lightning Network to Its 100 Million Customers

#Nubank partners with #Lightspark to integrate the #Bitcoin Lightning Network. #Nubank #Lightspark #BitcoinLightningNetwork.

2 hours ago