A widely followed cryptocurrency analyst and trader believes Bitcoin (BTC<\/a>) is gearing up for a big bounce.<\/p>\n The analyst pseudonymously known as Credible Crypto tells<\/a> his 393,300 followers on the social media platform X that Bitcoin could reclaim the $68,000 level within days.<\/p>\n \u201cNot much has changed here folks, but lots of alts are now hitting my downside targets\/bounce zones so things are starting to line up here. Won\u2019t rule out one more spike down into local demand and then expect that relief\/reversal to the upside that we have been looking for. Let\u2019s get it.\u201d<\/em><\/p>\n Looking at his chart, the trader suggests Bitcoin will witness one more move below $60,000 before a steep bounce toward resistance at $68,000.<\/p>\n Bitcoin is trading for $62,613 at time of writing, up 2.19% in the last 24 hours.<\/p>\n Next up, the trader says<\/a> that the cross-border payments network XRP<\/a> may also see rallies alongside Bitcoin.<\/p>\n \u201cWe held the lower trendline from my last tweet but price action is still corrective. As I think we may see some relief across the board, I want to see XRP outperform BTC on this potential move to the upside. If we can get back above $0.64 on a potential BTC relief leg to $69,000-$70,000, then there is a chance that our low at $0.43 (lower trendline) holds on a subsequent leg back down on BTC. <\/em><\/p>\n Long story short, if BTC bounces soon as expected, let\u2019s see how strong the reaction on XRP is. If it\u2019s strong enough to get us back above $0.64, then that is a very good sign.\u201d<\/em><\/p>\n XRP is trading for $0.504 at time of writing, up over 1% in the last 24 hours.<\/p>\n Don’t Miss a Beat \u2013 Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em>   Generated Image: Midjourney<\/span><\/em><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":" A widely followed cryptocurrency analyst and trader believes Bitcoin (BTC) is gearing up for a big bounce. The analyst pseudonymously known as Credible Crypto tells his 393,300 followers on the social media platform X that Bitcoin could reclaim the $68,000 level within days. \u201cNot much has changed here folks, but lots of alts are now […]<\/p>\n","protected":false},"author":2,"featured_media":302014,"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-302013","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\/302013","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=302013"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/302013\/revisions"}],"predecessor-version":[{"id":302016,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/302013\/revisions\/302016"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/302014"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=302013"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=302013"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=302013"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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