- CryptoCon predicted in an X post yesterday that BTC may surge to as high as $45.5K as soon as November.
- According to the post, BTC has entered into a new phase in its current cycle.
- Meanwhile, at press time, BTC was trading hands at $34,601.44 after a 1.71% gain over the past 24 hours.
The cryptocurrency technical analyst CryptoCon predicted in an X post yesterday that Bitcoin (BTC) may rise to as high as $45.5K soon. This was after the market leader’s price entered into a new phase in its current cycle, according to the analyst.
Welcome to Mid-Cycle phase 4This is the time when #Bitcoin is in between heading to the cycle Mid-Top which is now about 45.5k.
Price has typically come over this.
Interestingly, when phase 2 is over, it's usually a launch straight to phase 5, which means 45k could be soon!… pic.twitter.com/uGsEcUqb5q
— CryptoCon (@CryptoCon_) October 25, 2023
In the post, CryptoCon shared that BTC has entered into the fourth phase of its mid-cycle. As a result, the cryptocurrency is between heading to the “mid-top” of the cycle, which is around $45.5K.
The analyst added that the conclusion of phase 2 is usually followed by a direct move…
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