A popular crypto strategist is predicting a surge in price for Bitcoin as he maps out BTC’s possible trading range over the next few months.
Pseudonymous analyst Kaleo tells his 527,900 Twitter followers that a strong Bitcoin rally is imminent.
Kaleo’s chart predicts a huge Bitcoin bounce to around $28,000 in the short term prior to another leg down below $20,000, which would then be followed by a grind up to $30,000.
“I still believe the most likely outcome is a range between $20,000 [and] $30,000 through at least the next several months, so while a bounce from here might take us to around $30,000, I don’t see it as anything to get over-excited about quite yet.”
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