{"id":180620,"date":"2023-10-25T12:54:42","date_gmt":"2023-10-25T07:24:42","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=180620"},"modified":"2023-10-25T12:54:42","modified_gmt":"2023-10-25T07:24:42","slug":"10000-single-day-rally-now-on-the-table-for-bitcoin-btc-according-to-crypto-strategist-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/10000-single-day-rally-now-on-the-table-for-bitcoin-btc-according-to-crypto-strategist-crypto-news\/","title":{"rendered":"$10,000 Single Day Rally Now on the Table for Bitcoin (BTC), According to Crypto Strategist – Crypto News"},"content":{"rendered":"

<\/p>\n

\n

A closely followed analyst believes that an exponential move to the upside is in the cards for Bitcoin (BTC<\/a>).<\/p>\n

Pseudonymous analyst Credible Crypto tells his 348,000 followers on the social media platform X that Bitcoin is just \u201cgetting warmed up\u201d after rallying to a new 2023 high of $34,606.<\/p>\n

According to the trader, BTC\u2019s relative strength index (RSI) is in bull territory on the weekly chart, indicating that momentum is on the up and up for Bitcoin.<\/p>\n

\u201cYou think these last couple of days have been crazy? It\u2019s nothing compared to what we will see in the coming weeks. The biggest moves occur as RSI pushes into overbought territory on higher timeframes, starting with the weekly.\u201d<\/em><\/p>\n

Source: Credible Crypto\/X<\/a><\/figcaption><\/figure>\n

With momentum on the rise for Bitcoin, Credible Crypto thinks that BTC is now in a position to print<\/a> massive rallies in one day.<\/p>\n

\u201cThink we will finally get our first (of many) $10,000+ monthly candles here in October.\u201d\u00a0<\/em><\/p>\n

According to the analyst, there is no major resistance left that could stop Bitcoin from rallying<\/a> toward $40,000 now that it is trading<\/a> well above the psychological support of $30,000.<\/p>\n

\u201cNah there is no resistance above us that was as significant as the one that we just broke through. The path up from here will be faster, more aggressive, and less forgiving to those who are on the sidelines than anything we have seen since the $15,000 bottom thus far.<\/em><\/p>\n

Don\u2019t overcomplicate it. It\u2019s basically open-air till $40,000. Maybe then we get a pause but even that won\u2019t last very long, in my opinion.\u201d<\/em><\/p>\n

At time of writing, Bitcoin is trading for $33,990.<\/p>\n

Don’t Miss a Beat \u2013 Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em>
\n
\nCheck Price Action<\/a><\/span><\/em>
\n
\nFollow us on Twitter<\/a>, Facebook<\/a> and Telegram<\/a><\/span><\/em>
\n
\nSurf The Daily Hodl Mix<\/a><\/span><\/em>
\n<\/p>\n

\n

Check Latest News Headlines<\/span><\/a><\/p>\n

&nbsp<\/p>\n

<\/p>\n

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n

Generated Image: DALLE-3<\/em><\/span><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

A closely followed analyst believes that an exponential move to the upside is in the cards for Bitcoin (BTC). Pseudonymous analyst Credible Crypto tells his 348,000 followers on the social media platform X that Bitcoin is just \u201cgetting warmed up\u201d after rallying to a new 2023 high of $34,606. According to the trader, BTC\u2019s relative […]<\/p>\n","protected":false},"author":2,"featured_media":180621,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-180620","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/180620","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=180620"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/180620\/revisions"}],"predecessor-version":[{"id":180623,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/180620\/revisions\/180623"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/180621"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=180620"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=180620"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=180620"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}