{"id":11643,"date":"2024-05-14T17:02:11","date_gmt":"2024-05-14T17:02:11","guid":{"rendered":"https:\/\/www.bitrabo.com\/discover\/market-expert-says-bitcoin-price-has-officially-left-the-danger-zone-can-price-strike-100000\/"},"modified":"2024-05-14T17:03:39","modified_gmt":"2024-05-14T17:03:39","slug":"bitcoin-price-upswing-signals-exit-from-risky-territory-potential-surge-to-100000-on-the-horizon","status":"publish","type":"post","link":"https:\/\/www.bitrabo.com\/discover\/bitcoin-price-upswing-signals-exit-from-risky-territory-potential-surge-to-100000-on-the-horizon\/","title":{"rendered":"Bitcoin Price Upswing Signals Exit from Risky Territory; Potential Surge to $100,000 on the Horizon"},"content":{"rendered":"\n<p>The recent analysis by Rekt Capital indicates a positive shift for Bitcoin, suggesting a potential upward movement towards $100,000, a projection supported by other crypto analysts as well.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Bitcoin_Moves_Beyond_the_Risk_Zone\"><\/span>Bitcoin Moves Beyond the Risk Zone<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Rekt Capital highlighted in a recent social media post that Bitcoin has officially left the Post-Halving &#8220;Danger Zone&#8221; and is now showing signs of strength by rebounding from the Re-Accumulation Range Low support level. This shift marks a significant milestone as Bitcoin moves out of the downward trend experienced after the 2016 halving event.<\/p>\n<p>Furthermore, Rekt Capital anticipates that Bitcoin is entering the Re-Accumulation phase, a period following the halving event that typically lasts about five months. However, the analyst suggests that this phase might be shorter this time, leading to a potential swift progression towards an uptrend.<\/p>\n<p>Additionally, the analyst predicts that $60,600 could serve as a key support level during this Re-Accumulation phase, indicating a potential base for Bitcoin prices to build upon.<\/p>\n<p>Arthur Hayes, the co-founder of BitMEX, echoed similar sentiments by stating that Bitcoin has likely found its bottom and could consolidate between $60,000 and $70,000 until August.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Potential_100000_Target_After_Consolidation\"><\/span>Potential $100,000 Target After Consolidation<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Several analysts, including PlanB and Tom Dunleavy, foresee Bitcoin&#8217;s price trajectory reaching $100,000 once the current consolidation phase concludes. PlanB emphasized the inevitability of Bitcoin hitting this milestone in the near future, while Dunleavy had earlier predicted this surge post-halving.<\/p>\n<p>Notably, Ali Martinez also suggested that Bitcoin could closely approach the $100,000 mark, with potential resistance levels at $66,250, $69,150, and a new all-time high of $92,190 if these levels are breached.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The recent analysis by Rekt Capital indicates a positive shift for Bitcoin, suggesting a potential upward movement towards $100,000, a projection supported by other crypto analysts as well. Bitcoin Moves Beyond the Risk Zone Rekt Capital highlighted in a recent social media post that Bitcoin has officially left the Post-Halving &#8220;Danger Zone&#8221; and is now [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":11644,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"slim_seo":{"title":"Bitcoin Price Upswing Signals Exit from Risky Territory; Potential Surge to $100,000 on the Horizon - Bitrabo","description":"The recent analysis by Rekt Capital indicates a positive shift for Bitcoin, suggesting a potential upward movement towards $100,000, a projection supported by o"},"footnotes":""},"categories":[316],"tags":[448,2508,1378,2803,496,2206,467,567,2509],"class_list":["post-11643","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","tag-bitcoin","tag-danger","tag-expert","tag-left","tag-market","tag-officially","tag-price","tag-strike","tag-zone"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/11643","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/comments?post=11643"}],"version-history":[{"count":0,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/11643\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/media\/11644"}],"wp:attachment":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/media?parent=11643"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/categories?post=11643"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/tags?post=11643"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}