Does the Bitcoin (BTC) target break above $ 20K? Crypto Twitter Bullish as an analyst identifies the key levels to observe

A new survey of economist and crypto analyst Alex Krüger is shedding light on Bitcoin’s sentiment through the crypto Twitter.

the poll Of 4,079 people, 47.1% believe that Bitcoin will exceed its historical maximum at the end of the year.

Another 27.6% say they believe BTC will end up between $ 14,000 and $ 19,999; 10.5% think that Bitcoin will end up between $ 11,500 and $ 13,999; and 14.8% say it will end at $ 11,499 or less.

The Bitcoin fear and greed index of, which tracks the momentum of the market, social networks and surveys, says that the sentiment of traders is now in neutral territory. When the indicator reaches the area of ​​greed, the creators of the survey say that Bitcoin may be overbought.


Analyst Josh Rager is presenting the following support and resistance lines for the leading cryptocurrency.

If BTC can spend $ 9,400, which remained as support in the summer and fall of last year, it says it could reach $ 10,350.

“$ 9400” – It remains as support for the range from June to September, an important area to break

$ 10,350s – Control point, higher volume negotiated at this price from May to December

Breaking $ 10,350, IMO will confirm the next big uptrend with 5-digit BTC in the coming months. ”

Source: Twitter
Check the latest news headlines

Disclaimer: The opinions expressed in The Daily Hodl are not investment advice. Investors must do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies or digital assets. Keep in mind that your transfers and operations are at your own risk, and any loss you may incur is your responsibility. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital asset, nor is The Daily Hodl an investment advisor. Keep in mind that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock / wacomka

Leave a Reply

Your email address will not be published. Required fields are marked *