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Crypto Strategist Predicts Big Bitcoin Breakout in Seven to 10 Days – Here's His Target



BTC Primed for a Big Move
The cryptocurrency market has been experiencing a lot of volatility lately, and Bitcoin is no exception. After reaching an all-time high of $64,000 in mid-April, the leading cryptocurrency has been trading in a sideways pattern, with some sharp drops and quick recoveries. But according to Credible, this is all part of a bigger picture.

The Final Shakeout Before the Breakout
Credible believes that Bitcoin is currently in its final shakeout phase before it makes a major move to the upside. This means that the recent drops and recoveries are just a way for the market to weed out weak hands and prepare for a big rally. In fact, Credible thinks that Bitcoin could see a 40% to 60% increase in price once this shakeout is over.

Key Levels to Watch
According to Credible, there are two key levels that traders should watch in order to determine when the breakout will happen. The first one is the $42,000 level, which has been a strong support level for Bitcoin in the past. If the cryptocurrency manages to hold above this level, it could indicate that the final shakeout is over and a big move to the upside is imminent. The second level to watch is $50,000, which is a psychological resistance level. If Bitcoin can break through this level, it could signal a strong bullish sentiment in the market.

Join the Conversation
As Bitcoin continues to make headlines and attract more attention from investors and traders, it's important to stay updated on the latest news and trends. Keep an eye on popular crypto tickers like BTC, ETH, and DOGE, and follow trending hashtags like #Bitcoin, #Crypto, and #HODL on social media platforms to stay informed and join the conversation about the future of cryptocurrencies. With the potential for a big move on the horizon, now is the perfect time to stay informed and be a part of the ever-evolving world of crypto.


Sentiment Result : Positive

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