Trader CryptoKaleo has recovered its weekly and monthly opening prices by tweeting “Uptober is back” to his 500,000 followers as Bitcoin’s price rose above $19,500 today.
For most of October, the monthly candle was red – last week’s candle closed red and most of this week saw Bitcoin price trading below the weekly open – around $19,250.
Bitcoin’s price surged as soon as the week’s opening was retaken, and the monthly open was also reclaimed, at just over $19,400.
CryptoKaleo Bitcoin Price Prediction
CryptoKaleo optimistic that Bitcoin can bounce back to $30,000 levels after losing $28,000 in June – Celsius liquidation, Three Arrows Capital debacle, and bitcoin price hitting yearly low of $17,500 June 18th amid fears over a further “cryptocurrency epidemic” that plunged into the dollar.
September 4, @cryptokaleo I tweeted28K sooner than you think‘.
That bitcoin price prediction is yet to roll out, but he doubled down in a tweet this week.i still believe there is a bottom‘ Based on previous crypto bull run high and previous bull cycle ATH.
His historical bitcoin price chart above (inverted chart) shows the length of time the 2018 circulation cycle and subsequent accumulation cycle the bitcoin price spent at levels around $20,000 (currently around 132 days). ) is compared with
CryptoKaleo says the Bitcoin price markup is “imminent‘.
Discord Traders Long Bitcoin
of analysts Jacob Crypto Berry Discord Servers also coveted bitcoin earlier today when the weekly open was brought back, and sentiment turned bullish across Twitter.
Bitcoin’s price has since rebounded above the monthly open within the five-minute candle space.
At the time of writing, Bitcoin’s price has hit an intraday high of $19,695. Elon Musk’s BTC Price Prediction Is $20,000 Earlier this month just before CPI printing.
The weekly closing price is after 30 minutes. If it ends in green, it could indicate a further continuation of Bitcoin’s rally, indicating that the price of the cryptocurrency will rise across the board.
Check out the reviews of 9 Best Crypto Discord Groups participate this year.