- Bitcoin’s slow and boring sideways movement to carry for another couple of weeks.
- One reputed analyst known for his accurate predictions shares a detailed report.
- He says massive BTC pump will arrive between the end of January and the start of February.
The crypto market enters a new week in the highly-anticipated month of Q1 of 2025 and Bitcoin price still remains in the $94,000 price range. Reflecting the sluggish pace of the pioneer crypto asset is the global market sentiment pointing to a score of 61 marking a ‘Greed’ sentiment in the Crypto Fear & Greed Index.
A New Week for Bitcoin
As the crypto sentiment slowly leans towards a FUD mentality, one popular and highly reputed crypto analyst, known for his many accurate market predictions so far, shares his weekly report highlighting all one needs to know about what is to come for Bitcoin (BTC) and the greater crypto market.
As we can see from the post above, the analyst stresses about how he predicted this slow and boring sideways movement two months ago. He mentions how this sideways movement will continue to progress at a steady pace and encourages traders to appreciate a realistic outcome. The post also shares a chart that shares what he expects to come next.
Here, he says that he expects a very realistic scenario to break out by the end of January. He then highlights the many strategic long positions he opened and encouraged other traders to open at the $90,000 to $92,000 price ranges. He also draws light to the open positions he’s had since the $53,000 and $63,000 price ranges as well.
Analyst Reveals Strategic Plan
After this, he goes on to state his plan as mentioned in the post above. The analyst explains his reasoning behind his strategic moves and preaches about securing important entries and gaining an upper hand in the market. He concludes saying it is crucial to be fully prepared to seize opportunities and hunt down critical wicks with precision on events the market allows.
In conclusion, the analyst expects another possible drop to the $87,000 price range for Bitcoin (BTC). He advices vigilance and caution when making highly bullish moves in a highly volatile market. However, he also states that the end of January and the start of February will likely result in a breakout for Bitcoin. All in all, massive gains are coming for BTC and the crypto market soon.
