Eyes on that indicator: A signal has been given for Bitcoin!

It has been stated that the next target for Bitcoin (BTC), which has gained strength above $ 60,000, is $ 85,000.

Comments continue to come from experts for the crypto market, which has a positive outlook. Crypto analysts predict an increase for $BTC in the charts they have created. According to analysts, BTC's approach to closing September positively is triggering a major rally that may occur towards the end of the year.

Crypto analyst Titan of Crypto predicted that the BTC price could reach $ 85,000 in the near term. The analyst stated that the indicators are giving a buy signal.

Titan of Crypto, who said that the appearance on the Bitcoin (BTC) price chart indicates a 35 percent increase at a moderate level, predicted that the bulls will gain more strength.

The analyst shared his BTC analysis, which he created with the relative strength index (RSI) data. Titan of Crypto, who stated that the necessary conditions were met for the market to reach its all-time high, said: “If we close this month above $ 59,000, the year is likely to end with an increase. However, both 2017 and 2020 saw the fourth quarter close in green. We have a promising fourth quarter ahead of us.”

The analyst, who argued that $BTC will make a bull run in the last quarter, drew attention to the RSI level. The weekly RSI reached the level of 50, ending the downtrend that has been going on since March.

The analyst, who emphasized the importance of September, commented, “Historically, when September closed in green, the last quarter was an increase.”

Another crypto analyst, Skew, stated that the $ 61,000 support could work before the rise. The analyst, who said, “From a technical perspective, a small correction looks good,” touched on the requirements for a healthy rise.

#KIP #KIPprotocol #CryptoDeNostradame #MOGUL #Mogulproductions