Bitcoin’s price hovers around $65,000, showcasing significant movements over the past few hours. Bulls, who have faced challenges since the recent failure to maintain this level, have seen substantial losses in altcoins. After peaking at $65,839, Bitcoin 
$88,120 has now dropped to $64,800. What are the current predictions for Bitcoin from crypto experts in the last two hours?
Insights from Crypto Experts
For Bitcoin to remain above $65,000, it would signal the start of a new breakout. Therefore, altcoin investors are closely monitoring this level. Although copying the strategies of analysts may lead to significant losses, examining the focus areas of five different experts allows for a broader perspective on the market.
Mister Crypto
In a recent graph he shared, the analyst noted a double top breakout. He suggested that if the price can hold above $65,000, it could move towards $75,181. Such a movement could result in over a 30% increase for altcoins that have been struggling for two quarters.
Moustache
The second analyst expressed satisfaction with the expected price movement after a 20% rise in less than a month. He emphasized that this period remains a bull market, suggesting that corrections present buying opportunities, contrary to the pessimistic outlook of many experts anticipating a decline to $40,000.
PlanB
Known for making accurate predictions during bullish markets, PlanB recently reaffirmed his long-term forecast. He stated, “My Bitcoin prediction for 2024-2028 halving period is an average of ~500k, with a range between 250k and 1M.” His past forecasts have also generated discussions, especially regarding the anticipated 100k mark.
Vivek
Vivek highlighted a significant short position of 1.6 billion dollars accumulating at the $70,000 level. He believes this liquidity will act as a magnet, similar to previous instances. With both sides learning to manage stop-loss levels effectively, we may not witness massive liquidations when the price reaches this threshold.
Daan Crypto Trades
The final analyst, Daan Crypto Trades, remarked that Bitcoin is currently attempting to break out. He noted, “It is trading at the daily 200MA and $65K. The top of the channel has not yet been broken.” He emphasized the need for a solid closing above this area to confirm any breakout.
