CandleFocus

This Bullish Pattern Could Take BTC to $300K

Popular technical analyst Gert van Lagen suggests that the price of Bitcoin could potentially surge to $300,000 based on its current formation. Van Lagen believes that Bitcoin is in the process of forming an ascending broadening wedge, which usually breaks upwards and could reach the mentioned target. However, it should be noted that van Lagen's technical analysis should be taken with caution, as he has made previous predictions that have not come true. Other analysts, such as Robert Kiyosaki, also anticipate a significant price increase for Bitcoin in the near future. The Bitcoin price, however, has recently decreased by over 4%.

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