{"id":607517,"date":"2024-05-11T09:30:18","date_gmt":"2024-05-11T09:30:18","guid":{"rendered":"https:\/\/shenyangcang.com\/?p=607517"},"modified":"2024-06-11T07:23:17","modified_gmt":"2024-06-11T07:23:17","slug":"why-bitcoin-post-halving-rally-is-certain-analyst-explains","status":"publish","type":"post","link":"https:\/\/shenyangcang.com\/news\/why-bitcoin-post-halving-rally-is-certain-analyst-explains\/","title":{"rendered":"Why Bitcoin\u2019s Post-Halving Rally Is Certain, Analyst Explains"},"content":{"rendered":"
Bitcoin experienced a price decline of 3.06% on Friday, falling as low as $60,372.36 based on data from CoinMarketCap.<\/a> With the crypto market leader now in a consolidation phase, a trading analyst with X username Titan of Crypto has expressed resilient faith in Bitcoin\u2019s ability to produce a post-halving price rally. In a series of X posts on Friday, Titan of Crypto shared some interesting bullish predictions on the Bitcoin market. Firstly, the analyst noted<\/a> that amidst BTC\u2019s price decline, the token\u2019s price pattern on the daily timeframe had formed a bullish signal.<\/span><\/p>\n Titan of Crypto referred to this signal as the bullish engulfing candle which occurs when a larger bullish candle completely emerges from the previous smaller bearish candle, thus indicating a potential reversal from a downtrend to an uptrend.<\/span><\/p>\n Following these observations, the analyst also predicted<\/a> Bitcoin to soon experience a massive post-halving price gain. Titan of Crypto described this forecast as \u201cinevitable\u201d citing data from Bitcoin\u2019s price history.<\/span><\/p>\n The crypto analyst said:\u00a0<\/span><\/p>\n To understand the present you have to search in the past. And what the past is telling us is there is no occurrence of #BTC\u00a0 not having a rally after the halving.<\/span><\/p><\/blockquote>\n Titan of Crypto also acknowledged that short-term price movements may be \u201cconfusing\u201d however he expects BTC to maintain an upward trajectory in the long room. Based on previous post-halving rallies, Titan of Crypto predicts Bitcoin to trade at $150,000 in 2025.
\n<\/span><\/p>\nBitcoin Rise Inevitable, Analyst Pinpoints $150,000 Price Target<\/span><\/h2>\n
\n<\/span><\/p>\nBTC Close To Bottom Price As Dip Buy Interest Drops<\/span><\/h2>\n