{"id":69101,"date":"2022-10-26T09:22:07","date_gmt":"2022-10-26T06:22:07","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=69101"},"modified":"2025-09-07T17:57:18","modified_gmt":"2025-09-07T14:57:18","slug":"analyst-predicts-bitcoin-to-reach-30000-in-coming-weeks","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/analyst-predicts-bitcoin-to-reach-30000-in-coming-weeks\/","title":{"rendered":"Analyst predicts Bitcoin to reach $30,000 in coming weeks"},"content":{"rendered":"<p>Trader and analyst Micha\u00ebl van de Poppe forecast Bitcoin&#8217;s price to rise to $30 000 within the next two to three weeks.<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">Within 2-3 weeks, <a href=\\\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\\\">#Bitcoin<\/a> will break out significantly. <\/p>\n<p>My take is the upside.<\/p>\n<p>My guess is probably $30K.<\/p>\n<p>\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) <a href=\\\"https:\/\/twitter.com\/CryptoMichNL\/status\/1584660000030347264?ref_src=twsrc%5Etfw\\\">October 24, 2022<\/a><\/p>\n<\/blockquote>\n<p> <script async=\\\"\\\" src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>\u00abIn two to three weeks, Bitcoin will make a significant breakout. My bet is on the upside. Probably $30 000\u00bb, \u2014 wrote Micha\u00ebl van de Poppe.<\/p>\n<\/blockquote>\n<p>Bullish forecasts were supported by the analyst under the handle TechDev, citing the volatility indicator <a href=\"https:\/\/u1f987.com\/en\/news\/bollinger-bands-using-the-indicator-in-crypto-trading\">Bollinger Bands<\/a>.<\/p>\n<p>He noted that Bitcoin&#8217;s price relative to the Nasdaq index hit a peak in April 2021. Since then the indicator has been consolidating, so TechDev expects a rise in digital gold.<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\"><a href=\\\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\\\">$BTC<\/a> \/ <a href=\\\"https:\/\/twitter.com\/search?q=%24NASDAQ&#038;src=ctag&#038;ref_src=twsrc%5Etfw\\\">$NASDAQ<\/a> weekly Bollinger Bands are the tightest in <a href=\\\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\\\">#Bitcoin<\/a>\u2018s entire history.<\/p>\n<p>Price vs. NASDAQ peaked at BTC\u2019s last impulse top in April 2021 and has been consolidating during the 1.5 year correction.<\/p>\n<p>Expect upside break and strong <a href=\\\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\\\">#Bitcoin<\/a> outperformance soon. <a href=\\\"https:\/\/t.co\/IIMbuWE684\\\">pic.twitter.com\/IIMbuWE684<\/a><\/p>\n<p>\u2014 TechDev (@TechDev_52) <a href=\\\"https:\/\/twitter.com\/TechDev_52\/status\/1584656833884884992?ref_src=twsrc%5Etfw\\\">October 24, 2022<\/a><\/p>\n<\/blockquote>\n<p> <script async=\\\"\\\" src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>Earlier, Bitcoin maximalist and MicroStrategy founder Michael Saylor <a href=\"https:\/\/u1f987.com\/en\/news\/michael-saylor-sees-bitcoin-hitting-a-new-all-time-high-within-four-years\">predicted a new all-time high<\/a> for the price of the leading cryptocurrency within the next four years.<\/p>\n<p>In October, investor and Shark Tank star Kevin O\u2019Leary said that digital gold <a href=\"https:\/\/u1f987.com\/en\/news\/kevin-oleary-forecasts-bitcoin-rally-after-stablecoin-regulation-bill-passes\">will resume growth<\/a> after the passage of a bill regulating stablecoins.<\/p>\n<p>In the same month, Galaxy Digital founder Mike Novogratz said that the bear market <a href=\"https:\/\/u1f987.com\/en\/news\/mike-novogratz-forecasts-bear-market-duration-in-crypto-markets\">could continue for another six months<\/a>.<\/p>\n<p>In October, the price of Bitcoin breached the $20 000 level after a prolonged period of extremely low volatility.<\/p>\n<p>Most MLIV Pulse cryptocurrency investors surveyed expect that by the end of 2022 digital gold will trade in a range of $17 600\u201325 000.<\/p>\n<p>Read ForkLog&#8217;s Bitcoin news on our Telegram \u2014 cryptocurrency news, prices and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trader and analyst Micha\u00ebl van de Poppe forecast Bitcoin&#8217;s price to rise to $30 000 within the next two to three weeks.<\/p>\n","protected":false},"author":1,"featured_media":69102,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1146,1138],"class_list":["post-69101","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-market-forecasts","tag-opinions"],"aioseo_notices":[],"amp_enabled":true,"views":"24","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/69101","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=69101"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/69101\/revisions"}],"predecessor-version":[{"id":69103,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/69101\/revisions\/69103"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/69102"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=69101"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=69101"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=69101"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}