Bitcoin Might Hit $38,000: Crypto Expert Predicts

Bitcoin Might Hit $38,000: Crypto Expert Predicts

By Miles

29 Oct 2023 (about 1 year ago)

1 min read

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Top crypto expert, Josh Olszewicz, predicts Bitcoin might hit $38,000 soon. With its price nearing $35,000, many are watching its next move closely

Josh Olszewicz, a top crypto expert, believes Bitcoin's price might go up to $38,000 soon. Right now, Bitcoin is getting close to $35,000.

He points out a special pattern in the market called the "high n' tight flag". This pattern usually means the price might go up. It looks like a flag on a chart after a big jump in price. 

Olszewicz also talks about other signs, like the Adam & Eve and inverted head and shoulders patterns, which hint that Bitcoin's price could rise more. 

But he warns: if Bitcoin's price drops suddenly, it might go down to $31,000 instead. Current data from Coinpaprika shows Bitcoin at $34,678.17, with some ups and downs in the last day. Everyone's watching to see if it will break the important $35,000 price level.

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