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Calyst Predicts $14K For BTC As it Currently Trades At $20k

Published 11/01/2022, 02:13 PM
Updated 11/01/2022, 02:30 PM
© Reuters.  Calyst Predicts $14K For BTC As it Currently Trades At $20k
BTC/USD
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  • Crypto Analyst predicts $14k trading value for Bitcoin.
  • BTC is currently trading at $20,554.
  • The Relative Strength Index For BTC is at 61.47.

Crypto analyst, il Capo of Crypto, who has over 572K followers on Twitter recently posted a poll on Twitter regarding Bitcoin. However, the options on the poll were the exact same indicating a prediction for the future value of BTC.

“What comes first?” tweeted Capo as he lists down $14K for both options. Attracting over 2.2K likes and 159 retweets, the response to the tweet appeared to be mixed.

Investment and trading Twitter account, Cevo commented, “13k before 14k,” while another Twitter user stated that 14K is not possible.

Meanwhile, user Titan of Crypto replied, “Certainty at its finest haha. That’s some conviction there Capo. I respect that.” However, the Twitter account Crypto Yolo quickly clarified that Capo has already predicted 21k to 14k on about 20 occasions previously and has been proven wrong each time. However, Capo’s conviction is to be “admired.”

Another Twitter user claimed 47k for Bitcoin before the end of this week. “Pin this tweet,” he added confidently.

Bitcoin technical analyst Brain2jene added,

I suggest you put $24K instead of both $14K (unlikely to happen without breaking $18.5K)

At present, Bitcoin is trading at $20,554. It remained close to $21,000 during the closing on Monday. However, the coin hit its peak on September 13 on Saturday after reaching $21,080.

The 14-day relative strength index (RSI) was tracked close to its own ceiling of 63.00, at 61.47 on Monday. According to experts, for Bitcoin to overcome the $21,000 bullish pressure, BTC must move past the present RSI threshold.

Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.

The post Calyst Predicts $14K For BTC As it Currently Trades At $20k appeared first on Coin Edition.

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