RATE Group | Top Analyst Who Called Bitcoin’s Crash to $6,000 Says This is Next
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Top Analyst Who Called Bitcoin’s Crash to $6,000 Says This is Next

24 Jan Top Analyst Who Called Bitcoin’s Crash to $6,000 Says This is Next

Posted at 18:23h in Bitcoin News by

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Few analysts have called Bitcoin (BTC) price action over the past few months and years as well as Filb Filb.

The pseudonymous trader in 2018 called the cryptocurrency’s bottoming price around $3,000 and the subsequent surge.

In October of last year, Filb Filb depicted in a TradingView chart that he expects BTC to surge towards $10,000, then crash to $6,400 to find a macro bottom. Bitcoin did exactly that, moving almost exactly as the forecast on his chart, down to the dates. It was a bit eerie.

The trader just issued his latest analysis, showing optimism on Bitcoin’s price trend heading into 2020.

Related Reading: Key Google Metric: Bitcoin May Explode Into $100,000 Parabolic Rally

Bitcoin to Hit $12,500 By May?

In Filb’s latest edition of his Decentrader newsletter, he wrote that with the latest price action in mind — BTC bouncing off the $6,000s and rallying to the $8,000s — he is bullish heading into the block reward reduction in May of this year:

“Overall, Bitcoin is…

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