Analyst Unveils ‘Most Bullish Scenario’ for Bitcoin, Predicts Shallow BTC Pullback Before Leg up to Fresh Record Highs

Bitcoin has been struggling to maintain a rally above $110,000, but one analyst known for his accurate Bitcoin predictions is outlining a bullish scenario for the crypto king. In a recent strategy session, the analyst, known as Credible, shared his thoughts with his YouTube subscribers.

Credible believes that if Bitcoin is in a strong uptrend, it will not retest the $100,000 level as support. Instead, buyers will step in above this level, propelling Bitcoin higher. However, even in the most bullish scenario, Credible expects a correction characterized by time rather than price.

According to Credible, corrective structures can be drawn out and take various forms, leading to choppy price action before the next impulse move. He anticipates that Bitcoin may experience some sideways movement before making another significant move to the upside.

In his most bullish scenario, Credible predicts that Bitcoin could surge to $140,000. Currently, Bitcoin is trading at $105,226, and the analyst’s chart suggests a potential upward movement in the near future.

The analyst’s insights provide valuable information for traders and investors looking to navigate the volatile crypto market. By keeping an eye on key levels and potential price movements, individuals can make informed decisions about their Bitcoin holdings.

For more updates and analysis on Bitcoin and other cryptocurrencies, be sure to follow Credible on YouTube. Stay informed about the latest price action and market trends to make the most of your crypto investments.

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As the crypto market continues to evolve, it’s essential to stay informed and make informed decisions about your investments. With expert analysis and insights from analysts like Credible, you can navigate the volatile market with confidence.

Stay tuned for more updates and analysis on Bitcoin and other cryptocurrencies. With valuable insights and expert guidance, you can make the most of your investments in the ever-changing world of crypto.