Market strategist Bill Baruch of Blue Lines Futures told CNBC that the top for Bitcoin in the short term is between $11,500 and $11,800, and it will continue to rise in the long term.
Bitcoin Stating that there is a strong resistance point at 10 thousand dollars, but if this level is broken, 11 thousand 500 dollars will be seen, Baruch evaluated a break above 11 thousand 800 dollars as an ‘extreme rise’.
His last prediction is correct. output
CNBC states that Baruch has made correct predictions before. When the price of BTC fell below $7,000 in February of this year, Baruch predicted that Bitcoin would recover from this low. In the following days, Bitcoin saw the level of 12 thousand dollars.
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