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Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning
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Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning

Crypto Bull Returns, Predicts Targets For Bitcoin, Ethereum, Ripple, Litecoin

Tony "The Bull" Severino
Tony "The Bull" Severino
6 years ago
3 mins read

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Created by industry experts and meticulously reviewed
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Ever since Bitcoin’s break of its parabolic advance in December 2017, the entire crypto market has been locked in a brutal bear market that’s resulted in companies going under, widespread layoffs, and investors and miners capitulating. Even the largest cap coins, Bitcoin, Ethereum, Litecoin, and Ripple, all have fallen 85% or more from their all-time high prices.

The lack of bullish price momentum has caused many long-term bulls to sit on the sidelines, waiting for the bear market to end. One prolific Ethereum technical analyst that earned a reputation during the last bull run, has come out of an over 20-month-long hibernation to post some extremely bullish price charts for Bitcoin, Ethereum, Litecoin, and Ripple – complete with wild price targets and predictions on when to expect each coin’s price to break out.

TA Expert Returns With Bold Price Predictions for Bitcoin, Ethereum, Ripple, and Litecoin

Twitter and Reddit user ScienceGuy9489 has been missing from the crypto scene since June 2017, long before Bitcoin went parabolic and experienced a subsequent correction that led to a long, arduous bear market.

In just a short while back, ScienceGuy9489’s charts have already topped Reddit, predicting that “we are set for the next bullrun,” but its his Twitter posts that have the crypto community buzzing. In the most recently shared charts, the trader has predicted the breakout dates for Bitcoin and Ethereum, as well as price targets for the two cryptocurrencies, along with Ripple (XRP) and Litecoin.

Related Reading | One Simple Chart Proves Altcoin Season Is Upon Us

The trader suggests that Ripple is “set up for a break out opportunity” currently, as it is brushing up against key downtrend resistance dating back as far as the nearly $4 top set back in early January 2018. In fact, the analyst is calling for a breakout price target of $4 on Ripple.

https://twitter.com/ScienceGuy9489/status/1108457405979869184

Litecoin, he says, which has led the recently bullish momentum over the past few weeks, is “trying to breakout” currently. For the cryptocurrency created by Charlie Lee, ScienceGuy9489 set a price target for $650, which would set a new all-time high for Litecoin.

https://twitter.com/ScienceGuy9489/status/1106785685371944961

On his Ethereum chart, which is the trader’s cryptocurrency of choice, he expects an oddly specific breakout date of April 24, 2019 with a price target of $2090, which would also set a new high for the smart contract-supporting crypto.

https://twitter.com/ScienceGuy9489/status/1105169716706914304

Finally, with Bitcoin, the king of all cryptocurrencies, the trader has set the “liftoff date” at April 11, 2019, just a mere few weeks away. The price target for Bitcoin’s breakout? A new all-time high of $28,100.

https://twitter.com/ScienceGuy9489/status/1105184094499921926

Anyone viewing these charts and the outlandish price targets might be left scratching their head, however, it’s rare the entire cryptocurrency community gives one analyst such attention, and it’s even more unique to find a crypto analyst who disappeared during the last bull run, only to return again as the bear market is ending.

Related Reading | Majority of Crypto Investors See Bitcoin Price at $100,000 to Millions Long-Term

As for if the trader’s lofty predictions actually will play out, only time will tell. But it is certain that the entire crypto community will be watching closely to see if either the breakout dates are targets are reached with any accuracy.

Featured image from Shutterstock
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Tony "The Bull" Severino
Tony "The Bull" Severino

Tony "The Bull" Severino

Tony "The Bull" Severino, CMT, is a distinguished figure in the cryptocurrency analysis sector, renowned for his in-depth technical expertise and innovative approach to market trends. As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting-edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market.
A seasoned Chartered Market Technician, Tony's prowess in identifying and capitalizing on market patterns is unmatched. His academic and professional journey in market analysis has firmly established him as a leading authority in technical trading strategies. Tony’s approach is heavily influenced by the principles of Elliott Wave Theory, a method known for its rigorous assessment of investor psychology and price movements.

Read more

Beyond his role at NewsBTC, Tony is the visionary founder of CoinChartist.io, an educational platform aimed at demystifying the nuances of cryptocurrency trading. CoinChartist.io serves as a valuable resource for traders seeking to enhance their technical analysis skills. The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions.

In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony’s expertise to guide their trading strategies.

Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies.

Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders.
His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics.

Tony’s nickname, "The Bull," aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice.

In summary, Tony "The Bull" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. His dedication to advancing the understanding of market forces and his commitment to providing high-quality, reliable analysis make him a pivotal figure in the world of cryptocurrency trading.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

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