Analyst Expects Bitcoin Price to Hit $27,000; Here’s Why

Bitcoin may hit $27,000 in the coming sessions, says an analyst. The analogy appeared as the cryptocurrency trends inside a Bullish Pennant structure on its monthly chart. The analyst sees BTC/USD breaking above the technical pattern and aim for an all-time high as its upside target. In the case of Bitcoin, they say “when in doubt, zoom out.” The saying typically ripples across the crypto circles whenever Bitcoin trends downwards or sideways. It points to […]

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