Markets
Top Trader Claims ‘God Candle’ Is Charging For Bitcoin, Predicts BTC Will Catch Up With Stock Market Rallies
An analyst who continues to build a following with timely crypto calls believes the time is ripe for Bitcoin (Bitcoin) to follow the stock market’s rising footsteps.
Over the weekend, pseudonymous analyst Bluntz said His 265,000 followers on social media platform X said Bitcoin was poised to launch a rally en route to new all-time highs if BTC convincingly breaks above the $60,000 mark.
With BTC trading at $64,774 at the time of writing, crypto strategist believes that Bitcoin is ready to steal the spotlight from the stock market.
“Crypto wasn’t leading, it was lagging.
The big catch-up begins.
The crypto analyst also believes that BTC is preparing for to print a “divine candle” or a massive increase in price resulting in a large candlestick pattern.
Taking a step back, Bluntz suggests that Bitcoin may have bottomed out earlier this month when it fell below $55,000 and BTC bulls stepped up and accumulated the decline. According to the analyst, Bitcoin is currently displaying a hammer candlestick pattern on the monthly chart, suggesting that a recovery is underway after sellers failed to maintain momentum.
“I know there are still some [15] There are still a few days left, but damn, this BTC monthly candle is a real fire.
Source: Bluntz/X
Over the weekend, crypto analytics firm Santiment said that Bitcoin and the rest of the crypto markets began to show signs of life after former President Donald Trump survived an assassination attempt while speaking at a rally in Pennsylvania on Saturday afternoon. According to Santiment, news of the assassination attempt may have awake Bitcoin and crypto.
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