Cryptocurrency analyst known for his accurate predictions said that $100,000 in Bitcoin could come faster than expected.
Cryptocurrency analyst Jelle caught the attention of Bitcoin investors with a social media post on March 26th. In the post, the analyst pointed out that Bitcoin has left behind another low point, which was 60,900, and predicted that the next upward move could be even larger.
Based on this perspective, the veteran analyst stated that 100 thousand dollars is a matter of time, and through a graph shared in addition to his post, he emphasized that we are still in a strong bullish trend:
A new higher low is behind us. Bitcoin is moving towards higher levels. The next leg started higher. 100,000 dollars is a matter of time.
The term “higher low” used by the analyst in his post refers to a situation where the price experiences a decrease, but this decrease is higher than the previous low point.
According to CoinGecko data, Bitcoin, which has shown a 1% increase in the last 24 hours, is currently trading at $70,000.
