BitcoinWarrior

News and Education

Bitcoin Repeated A Bull Move That Could Propel BTC To $180K, Analyst Says: ‘Market Psychology Will Repeat The Same Way’

Cryptocurrency analyst Caleb Franzen, founder of Cubic Analytics, suggested that Bitcoin (CRYPTO: BTC) could potentially reach a high of $180,000. This prediction is based on a new bull signal that hints at a repetition of historical gains. What Happened: Franzen revealed that the Bitcoin Williams%R Oscillator, a tool used to measure the strength of price trends, is flashing a rare bull signal for only the fourth time in history. According to Franzen, Bitcoin just completed its highest monthly close since October 2021. The 36-month Williams%R Oscillator has closed above the overbought level fo…