Silver-Tongued Analyst Reveals New Bull Targets for Bitcoin, Ethereum, and Ripple’s XRP

Silver-tongued analyst reveals new bull targets for Bitcoin, Ethereum, and XRP

These targets go from $145,000 for BTC, $8,000 for ETH, and $5.50 for XRP.

BTC could see repetitive price action in the coming weeks ahead.

A highly reputed silver-tongued analyst, known for his several accurate crypto market predictions, reveals new bull targets for Bitcoin, Ethereum, and Ripple’s XRP. The end of the week led to a drastic fall in pioneer crypto and altcoin prices, leaving the crypto community in fear, uncertainty, and doubt once again. Seasoned analysts, though, remain highly bullish and remind the community to hold strong

Analyst Reveals New Bull Targets for Bitcoin, ETH and XRP

The post above shows the popular analyst, Doctor Profit, talking about how in the 2022 bear market, he shared bull targets for BTC, ETH and XRP at $6,000 to $100,000 for Bitcoin, $1,200 to $4,000 for ETH, and $0.30 to $3.50 for XRP. With all these targets hit, he then goes on to share the next targets for the prices, with $140,000 to $145,000 for BTC, $7,000 to $8,000 for ETH and $4.80 to $5.50 for XRP.

The price of Bitcoin (BTC), the pioneer crypto asset, went on to set a new ATH price at $124,457 three days ago, breaking its previous ATH price in the $123,000 price range, set not too long ago. This new ATH record pumped bullish expectations for the price of BTC to go on to claim much higher targets in the coming days ahead. However, the following day was met with a brutal price dip instead

To highlight, since the new ATH three days ago, the price of Bitcoin (BTC) fell drastically to $119,000 first, and has since declined to claim even lower prices from $118,000 to the $117,000 price range, where it is trading at the moment. The drop in the price of BTC led to a drop in the price of Ethereum (ETH) as well. In detail, ETH price fell from $4,700 to the $4,300 price range, where it is trading now

While most of the inexperienced crypto community is likely to succumb to panic-selling during dips, reputed and experienced traders and analysts remind them of Bitcoin’s bullish pump so far, and encourage them to hold strong. To highlight, one reputed silver-tongued analyst, known for his many accurate predictions since the start of this new cycle, shares his opinion on the matter

Expect a Repetitive BTC Pattern

As we can see from the post above, the reputed crypto analyst, Doctor Profit, highlights how Bitcoin has just reached a new ATH yesterday, and marks that this process of BTC hitting new ATH’s will repeat in the coming weeks and months based on the continued increase of the money supply. He concludes by saying that the increase in the money supply will be intensified after the next rate cut in September.