A widely followed analyst believes that Bitcoin (BTC) is setting the stage for a major move to the upside.
Pseudonymous crypto strategist Kaleo tells his 555,100 Twitter followers is likely gearing up for a massive breakout that could send the king crypto to a level not seen since June 2022.
“When this finally breaks through, we’ll see a glorious god candle to $30,000. Just don’t think today is the day that’s going to happen be careful and don’t get too greedy yet friends.”
At time of writing, Bitcoin is switching hands for $22,579, trading around Kaleo’s diagonal resistance area.
According to one of Kaleo’s charts, he believes Bitcoin can rally to $30,000 sometime in February.
“$30,000 is a magnet.”