As Bitcoin bounces back from the weekend plunge, here’s what 4 popular crypto analysts say – Bitcoin – US Dollar ($ BTC)

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Four popular cryptocurrency analysts remain bullish on Bitcoin (CRYPTO: BTC) after cryptocurrency apex ignored concerns over the highly mutated new strain of the Omicron coronavirus and rebounded on Sunday evening.

What happened: Pseudonymous analyst Smart Contract told his nearly 194,000 Twitter followers that Bitcoin is expected to rebound strongly to the $ 63,000 level, as the correction is almost complete. He added that the cryptocurrency could hit a new all-time high at the “best of times.”

no signs of reversing “yet”, but we just had our last imo surrender volume and I think $ btc should bounce back to 63,000 soon because worst case obviously best case is a new all-time high. pic.twitter.com/LHU8sqJLLh

– Bluntz (@SmartContracter) November 26, 2021

See also: How to buy Bitcoin (BTC)

Crypto Dog, a pseudonymous technical analyst, told his more than 693,000 Twitter followers that he lives his life by following a simple rule that ultimately someone will always buy Bitcoin.

I live my life by a simple rule

Ultimately, someone will always buy Bitcoin

– The Crypto Dog (@TheCryptoDog) November 28, 2021

Amsterdam-based popular cryptocurrency analyst Michaël van de Poppe predicted that Bitcoin is near the end of the correction and could climb to $ 56,000 in the next 24 hours or less.

Less than 24 hours is also good. https://t.co/Lb0xmHwEyA

– Michaël van de Poppe (@CryptoMichNL) November 28, 2021

He added that the prices of some altcoins would drop further before accelerating from January next year.

Justin Bennett, a cryptocurrency analyst and trader with more than 91,000 Twitter followers, also expressed his optimism about Bitcoin. He noted that Bitcoin just closed above the $ 55,000 level last week.

$ BTC just closed the week above $ 55,000.

Let’s go! #Bitcoin pic.twitter.com/tWLZ9qGdzi

– Justin Bennett (@JustinBennettFX) November 29, 2021

Why it matters: Bitcoin fell along with other risky assets on Friday amid fears about the potential impact of the new Omicron COVID-19 variant on the global economy, but rebounded on Sunday night.

The cryptocurrency’s cumulative gains at the peak of the year stand at 95.9%.

Price Action: Bitcoin has risen nearly 5.5% in the past 24 hours, trading at $ 57,550.00 at the time of publication.

Read more: More than $ 750 million in crypto positions liquidated due to concerns over new COVID-19 ‘Omicron’ variant

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