Technical analyst: after a short “season of altcoins” bitcoin will reach $ 18,000

Trader Crypto Michaël does not exclude that the first cryptocurrency has already begun to move to around $ 18,000.

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According to himAccording to observations, the market dynamics is similar to that in January 2016.

“If so, then we will have three months of incredible altcoin volatility ahead of the BTC pre-halving pump. Then his goal will be $ 18,000 ", - shared his opinion of Crypto Michaël.

According to him, the price has overcome an important mark of $ 8600 and the nearest resistance level is now $ 9000.

“Having overcome it, the following goals will be $ 9400 and $ 9900”- stressed the technical analyst.

Another well-known expert - Josh Rager - is surethat soon the level of support will be $ 10,100, around which significant volumes are concentrated. After passing this important milestone, digital gold will rise to a new historic high.

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Recall that recently Crypto Michaël expressed confidence that Bitcoin will reach the $ 9,500 mark.