Bitcoin (BTC) Hints at Potential “Impulsive” Upside Says Top Crypto Trader – Here Are Its Targets

A widely-regarded crypto analyst says Bitcoin (BTC) could potentially be on the brink of an upside move.

Pseudonymous trader Bluntz tells his 223,200 Twitter followers that Bitcoin is showing signs of a potential breakout.

Bluntz says his goal is for Bitcoin to surpass a price of $28,800.

“BTC has now returned to the range after weathering the up and now down move and will look to buy dips targeting $28,800 after the daily close.

I was expecting a slower rise, but this move seems impulsive to the upside again.”

Source: Bluntz/Twitter

Just over a week ago, with Bitcoin trading around $27,500, Bluntz warned that danger signs were flashing on the leading crypto asset. Bitcoin crashed below $25,400 on Wednesday, a level last seen in March. Bitcoin is trading at $26,572 at the time of writing.

Bluntz’s bullish view of Bitcoin mirrors that of another pseudonymous trader, Credible Crypto. Credible Crypto is telling its 340,600 Twitter followers that the flagship digital stock has bottomed after the crash caused by the US Securities and Exchange Commission (SEC) lawsuits against two leading crypto exchanges.

“Liquidity Flush Target One has been met and hit perfectly, followed by a strong move higher right after back-to-back SEC lawsuits against Binance and Coinbase.

If panic-driven liquidations were to occur, that would have been the perfect time for a flush, which leads me to believe that our bottom may be in and lower targets are missed.”

Source: Credible Crypto/TwitterDon’t miss a thing – Subscribe to receive crypto email alerts straight to your inbox

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