Analysts split on how Bitcoin is going to move next

23 Jun, 2019
by David Borman
Analysis
Analysts split on how Bitcoin is going to move next

The Daily Hodl has recently reported that multiple analysts have weighed in on where it looks like the price of Bitcoin is going next based upon recent technical analysis. Most agree a continuation up is likely, but not everyone agrees what that looks like.

Analyst Josh Olszewicz took to twitter to point out that he feels that $11,400 is likely a key level of resistance that needs to be broken or else we may dip to $9,000:

Others can't help but feel Bitcoin is eyeballing its all time high at $20,000:

Another analyst, Josh Rager, feels that current consolidation should keep us moving upward, and also notes the resistance seen at $11,400:

One other analyst, Tom Lee, ponders if the previous market cycle was really a bubble at all:

Ultimately it will be up to the market to decide where Bitcoin goes next, but overall sentiment remains positive. As always, stick with Chepicap for any and all updates!

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