Top Analyst Says, BTC Price Expected To Surge To $30,000

A popular crypto strategist thinks that Bitcoin’s (BTC) price could go up by tens of percentage points from where it is now.

The fake crypto analyst Kaleo tells his 558,300 Twitter followers that Bitcoin will quickly rise to $30,000 once it gets over a downward trend that started in late November.

Based on how the analyst thinks Bitcoin will move on the four-hour chart, it looks like he is saying that the leading digital asset could soar above the $30,000 resistance level sometime in February.

“I once again am here to remind you that Bitcoin heads straight to $30,000 from here.”

At the time this was written, the price of Bitcoin was $22,616.

Kaleo says that Bitcoin will do better than Ethereum (ETH) as the leading cryptocurrency heads toward a price of $30,000.

When compared to Bitcoin, Kaleo’s charts show that Ethereum will fall by a little more than 30% to below 0.0510 BTC, which is a level not seen since the middle of 2022.

“ETH/BTC just touched and bounced off high time frame support

Really don’t see this holding when BTC starts the impulse move up to $30,000+.”

At the time this was written, you could buy Ethereum for 0.0684 BTC ($1,614).

The well-known crypto analyst also says that Bitcoin will do better than altcoins as the largest digital asset by market cap continues to gain market share.

“Your favorite altcoins might be slowly climbing in terms of USD [US dollar] price, but whether you realize it or not – the majority of them are dumping vs. Bitcoin, and there are no signs of that trend slowing down any time soon.”