Bitcoin Price Rally Ahead: As Analysts Predict 15-20% Surge After Upside Breakout

The post Bitcoin Price Rally Ahead: As Analysts Predict 15-20% Surge After Upside Breakout appeared first on Coinpedia Fintech News

While the Bitcoin halving event may not produce an immediate impact on BTC price, analysts anticipate a significant surge over the next 12 months leading up to 2025. Despite this anticipation, Bitcoin’s price has remained relatively stable, holding steady around the $64,000 mark following the halving. 

Notably, esteemed crypto analyst Captain Faibik predicts a bullish rally of approximately 15-20% in the coming days.

Renowned crypto analyst Captain Faibik has sparked optimism among investors by hinting at a potential bullish breakout. He points to an upside breakout observed in the Falling Wedge pattern, which typically hints at a reversal of the current downtrend and suggests a forthcoming bullish breakout.

$BTC Daily RSI is forming Falling Wedge formation..!!

Seems like It has bottomed out and I'm expecting a Upside Breakout soon.