Crypto Outlooks
  • Bitcoin
  • Ethereum
  • Altcoins
  • Price Analysis
  • Exchanges
  • NFT
  • DeFi
  • Glossary
No Result
View All Result
Crypto Outlooks
No Result
View All Result
Home Bitcoin

Bitcoin (BTC) Expected to Reach $40K in Swift Surge: Analyst

Gary Flanders by Gary Flanders
2 years ago
Bitcoin (BTC) Expected to Reach $40K in Swift Surge: Analyst
  • Cryptocurrency trader Moustache predicts Bitcoin’s value will rise from $38,000 to $40,000.
  • Stockmoney Lizards forecasts Bitcoin’s value to exceed $200,000 by 2025.
  • Santiment identifies bullish trends in altcoins after Bitcoin’s recent surge.

A cryptocurrency trader known as Moustache on the platform X (previously Twitter) has projected that Bitcoin’s value will soon escalate from $38,000 to $40,000. Following the recent surge in Bitcoin’s performance, the respected analyst anticipates a swift upward trend for the leading digital currency to meet this forecast. He attributes this expected surge to the minimal resistance Bitcoin faces beyond the $32,000 price mark.

#Bitcoin and The Wyckoff Method.

As I have said many times before:

$36.000 to $40.000 Dollars is inevitable in my opinion.

Is this already the beginning?

If so, it will happen quickly, because there is hardly any resistance from 32k upwards.💯 pic.twitter.com/9hd4i9t28S

— 𝕄𝕠𝕦𝕤𝕥𝕒𝕔ⓗ𝕖 🧲 (@el_crypto_prof) August 9, 2023

Numerous cryptocurrency enthusiasts concurred with Moustache’s optimistic outlook on Bitcoin, as seen in the responses to his post. A user by the handle MichalCrypto96 suggested three critical thresholds for Bitcoin’s imminent surge. He noted that he had been monitoring the price levels at $35,000, $42,000, and $48,000.

Related

Miner Hash Price Hits Record Low, Mining Profits at Risk

Bitcoin Mining Hash Rate Stable Amid Market Fluctuations

Stockmoney Lizards, another commentator on Moustache’s post, utilized a graphical representation to disclose his Bitcoin price forecast. He projected that the impending bull market would propel Bitcoin’s value beyond $200,000 by 2025. However, after reaching this zenith, he also suggested a subsequent decline to the $69,000 range. Stockmoney Lizards’ prediction was grounded in the cyclical nature of Bitcoin’s price fluctuations, a pattern that has remained consistent over numerous years.

In a similar context, Santiment, a market intelligence platform specializing in on-chain and social metrics, has identified bullish trends in numerous altcoins after Bitcoin’s latest surge. Santiment highlighted that Bitcoin’s rebound past the $30,000 mark has bolstered confidence in cryptocurrency markets. As per Santiment’s observations, many altcoins have exhibited revitalization in the aftermath of this event.

Significantly, Santiment has highlighted , , and as a few of the altcoins driving bullish trends through their substantial price increases. The market intelligence platform has recommended that cryptocurrency enthusiasts closely monitor the evolving FOMO market scenario if the upward price momentum persists throughout the day.

When drafting this, Bitcoin is trading at $29,793, having encountered some resistance in the $30,000 price zone.

Tags: BitcoinBTCMichalCrypto96MoustacheSantimentStockmoney Lizards
TweetShareShare
Gary Flanders

Gary Flanders

Passionate writer who is keenly exploring crypto and Blockchain loves to know about new things and explore what is happening in the world. Cherishes writing, primarily about cryptocurrency and Blockchain.

Read also

Miner Hash Price Hits Record Low, Mining Profits at Risk
Bitcoin

Miner Hash Price Hits Record Low, Mining Profits at Risk

by Ian Pittman
11 months ago
Bitcoin Mining Hash Rate Stable Amid Market Fluctuations
Bitcoin

Bitcoin Mining Hash Rate Stable Amid Market Fluctuations

by Ian Pittman
12 months ago
Bitcoin ETF Outflows Hit $35M; Market Sentiment Shifts
Bitcoin

Bitcoin ETF Outflows Hit $35M; Market Sentiment Shifts

by Ian Pittman
1 year ago
Cardano and Toncoin Shine Despite Crypto Market Downtrend
Altcoins

Cardano and Toncoin Shine Despite Crypto Market Downtrend

by Ian Pittman
1 year ago
Bitcoin's (BTC) Price Fluctuates, Govt Transfers Stir Market
Bitcoin

Bitcoin’s (BTC) Price Fluctuates, Govt Transfers Stir Market

by Ian Pittman
1 year ago
Bitcoin (BTC)
0.88%
$ 108,667.00
$ 956.27
⇣ 107,804.00
9 Jul
⇡ 109,011.00
Crypto Outlooks

Get insights on market trends, new developments, and expert analysis to help you make informed investment decisions.

Browse by Category

  • Altcoins
  • Bitcoin
  • DeFi
  • Ethereum
  • Exchanges
  • NFT
  • Price Analysis

Get Instant Notifications

Subscribe to our mailing list to receives latest updates direct to your inbox!

*we hate spam as much as you do

  • Glossary
  • Privacy Policy
  • Get in Touch

© 2025 CryptoOutlooks.com

No Result
View All Result
  • Bitcoin
  • Ethereum
  • Altcoins
  • Price Analysis
  • Exchanges
  • NFT
  • DeFi
  • Glossary

© 2025 CryptoOutlooks.com