{"id":11297,"date":"2022-03-20T21:57:00","date_gmt":"2022-03-20T21:57:00","guid":{"rendered":"http:\/\/egrowonline.com\/?p=11297"},"modified":"2022-03-20T21:57:00","modified_gmt":"2022-03-20T21:57:00","slug":"top-analyst-predicts-bitcoin-btc-recovery-over-next-month-as-adoption-game-accelerates","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=11297","title":{"rendered":"Top Analyst Predicts Bitcoin (BTC) Recovery Over Next Month As \u2018Adoption Game\u2019 Accelerates"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p><span style=\"font-weight: 400\">A popular crypto analyst is optimistic that Bitcoin (BTC) will rally in the next few weeks after months of down-trending price action.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The host of financial education YouTube channel InvestAnswers says in a new video that he expects the price of Bitcoin to possibly go up as high as $50,000 in April.<\/span><\/p>\n<p><em><span style=\"font-weight: 400\">\u201cApril historically is a bumper whether or not it\u2019s a bear or bull market\u2026<\/span><\/em><\/p>\n<p><i><span style=\"font-weight: 400\">I think the key level is if we can get above $45,000, there\u2019s nothing but fresh air between $45,000 and $50,000, so we could very easily rally even overnight $5,000 candle up to that thing. <\/span><\/i><\/p>\n<p><i><span style=\"font-weight: 400\">But we\u2019ve hit the 45k level three times now and it\u2019s like a piece of glass that can\u2019t be broken, but if we took a good run at it, it could even happen this weekend. \u201c<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400\">According to the analyst, the adoption rate of Bitcoin is heating up behind the scenes, even as price has been underwhelming. <\/span><\/p>\n<p><span style=\"font-weight: 400\">He anticipates that in the coming weeks, adoption will force BTC to pop up, potentially triggered by the de-escalation of war in Eastern Europe.<\/span><\/p>\n<p><i><span style=\"font-weight: 400\">\u201cI just think the world is waking up. I used to call it a money flow game, but now it\u2019s an adoption game. If you look at all of the on-chain data, everybody\u2019s just nibbling at it and gobbling up as much Bitcoin as they can and [it] will, one day, become that flight to safety, but that day may already gradually be here, so getting to $50,000 is very probable, probably could even be a lot higher in April if we get a historical April\u2026<\/span><\/i><\/p>\n<p><i><span style=\"font-weight: 400\">Beginning peace is the macro issue. That all depends on is there an escalation in Ukraine or do we solve that problem\u2026 If there is peace, we are going above $50,000 in April.\u201d<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400\">At time of writing, <\/span><a target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/bitcoin\" rel=\"noopener\"><span style=\"font-weight: 400\">Bitcoin<\/span><\/a><span style=\"font-weight: 400\"> is trading for $42,236.01.<\/span><\/p>\n<div class=\"jeg_video_container jeg_video_content\"><iframe loading=\"lazy\" title=\"DCA Live! Is Bitcoin Back?\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/FJ4rIxTjfe8?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/div>\n<p><span style=\"color: #ffffff\">I<\/span><\/p>\n<p class=\"p1\"><em><span style=\"font-size: 13pt\">Check <a target=\"_blank\" href=\"https:\/\/dailyhodl.com\/crypto-markets\/\" rel=\"noopener\">Price Action<\/a><\/span><\/em><br \/>\n<br \/><em><span style=\"font-size: 13pt\">Don&#8217;t Miss a Beat \u2013 <a target=\"_blank\" href=\"https:\/\/dailyhodl.com\/join-the-daily-hodl-email-list\/\" rel=\"noopener\">Subscribe<\/a> to get crypto email alerts delivered directly to your inbox <\/span><\/em><br \/>\n<br \/><em><span style=\"font-size: 13pt\">Follow us on <a target=\"_blank\" href=\"https:\/\/twitter.com\/TheDailyHodl\" rel=\"noopener\">Twitter<\/a>, <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/thedailyhodl\/\" rel=\"noopener\">Facebook<\/a> and <a target=\"_blank\" href=\"https:\/\/t.me\/thedailyhodl\" rel=\"noopener\">Telegram<\/a><\/span><\/em><br \/>\n<br \/><em><span style=\"font-size: 13pt\">Surf <a target=\"_blank\" href=\"https:\/\/dailyhodl.com\/daily-hodl-mix\" rel=\"noopener\">The Daily Hodl Mix<\/a><\/span><\/em><br \/>\n<\/p>\n<div class=\"hideinamp\">\n&amp;nbsp<br \/>\n<a target=\"_blank\" class=\"maxbutton-4 maxbutton maxbutton-check-out-the-latest-headlines-bigger\" href=\"https:\/\/dailyhodl.com\/news\/\" rel=\"noopener\"><span class=\"mb-text\">Check Latest News Headlines<\/span><\/a><\/p>\n<p>\u00a0<br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"\" src=\"https:\/\/i0.wp.com\/dailyhodl.com\/wp-content\/uploads\/2018\/06\/Get-Alerts-728x90.png?resize=800%2C99&amp;ssl=1\" width=\"800\" height=\"99\" data-recalc-dims=\"1\" \/><\/p>\n<h6>Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n<p><span style=\"font-size: 10pt\"><em>Featured Image: Shutterstock\/dani3315<\/em><\/span><\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/dailyhodl.com\/2022\/03\/20\/top-analyst-predicts-bitcoin-btc-recovery-over-next-month-as-adoption-game-accelerates\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A popular crypto analyst is optimistic that Bitcoin (BTC) will rally in the next few weeks after months of down-trending price action. The host of financial education YouTube channel InvestAnswers says in a new video that he expects the price of Bitcoin to possibly go up as high as $50,000 in April. \u201cApril historically is [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":11298,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[37],"tags":[6461,1157,646,50,194,860,549,470,2565,114],"class_list":["post-11297","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-accelerates","tag-adoption","tag-analyst","tag-bitcoin","tag-btc","tag-game","tag-month","tag-predicts","tag-recovery","tag-top"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/03\/btc-prediction.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/11297","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11297"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/11297\/revisions"}],"predecessor-version":[{"id":11299,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/11297\/revisions\/11299"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/11298"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11297"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11297"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11297"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}