Crypto Trader believes BTC could climb to $34K in the next few days with CoinEdition
- Crypto trader Ali tweeted that BTC could climb to $34K soon if the current trajectory holds.
- Meanwhile, Santiment tweeted today that large whales have appeared on BTC’s network.
- At press time, the price of BTC stands at $30,112.33, after a gain of 6.29%.
Crypto trader Ali (@ali_charts) tweeted this morning that the price of Bitcoin (BTC) is still on track to reach $34,000 soon.
BTC Daily Chart (Source: TradingView)
According to the tweet, BTC’s price will rise to $34,000 as long as the bullish megaphone chart pattern currently present on BTC’s chart continues to dictate the crypto’s trajectory.
Meanwhile, blockchain analytics firm Santiment (@santimentfeed) also tweeted this morning regarding BTC. According to Santiment’s tweet, large whales have appeared on BTC’s network today. The tweet added that a total of 11 separate 22,000 BTC were moved in two simultaneous batches.
At press time, BTC’s price is trading just above the key $30,000 level after rising 6.29% over the past 24 hours, according to CoinMarketCap. This 24-hour gain has pushed BTC’s weekly price performance further into the green – taking the total weekly gain to +6.55%. As a result, BTC is currently trading at $30,112.33.
In addition to strengthening against the dollar, BTC has also strengthened against Ethereum (ETH) over the past 24 hours. At press time, BTC is up 3.02% against the leading altcoin.
BTC’s price was able to reach a daily high of $30,160.48, but has since returned to trading at its current level. Still, BTC’s price is trading near its 24-hour high, with its 24-hour low currently at $28,189.27.
Finally, trading volume for BTC today has picked up somewhat as BTC managed to break above the $30k mark for the first time since last June. Currently BTC’s daily trading volume is $24,246,305,465. This is a 92% increase compared to BTC’s total trading volume yesterday.
Disclaimer: The views and opinions, as well as all information shared in this price analysis, are published in good faith. Readers must do their own research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be liable for any direct or indirect damage or loss.
The post Crypto Trader Believes BTC Could Climb to $34K in Next Days appeared first on Coin Edition.
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