Analyst Chads predicts further growth of bitcoin by 75%

The well-known cryptocurrency analyst Chads shared his opinion on the future of the flagship cryptocurrency, which is actively growing, with his Twitter followers. According to the expert, bitcoin has every chance to grow significantly.

Based on his own chart of BTC quotes, the trader predicted that the flagship crypto market could rise to $ 37,000 if it overcomes the resistance of $ 25,500. This prediction indicates the potential for BTC $98,897.43 Bitcoin 0.84% Market capitalization $1.96 trillion VOL. 24 hours $4.61 billion to grow by more than 75% in the near future.

Chads also emphasized that the fear of losing their investments will encourage traders to influence bitcoin’s growth. The crypto analyst added that bitcoin managed to close above the 200-day moving average, which is a sign of significant strength.

As for altcoins, the analyst believes that they also have the potential for growth, but it all depends on bitcoin. In early January, the trader published his own list of cryptocurrencies that risk collapsing in 2023. Among them: Cardano, XRP, and Dogecoin. Chads advised the holders of these altcoins to prepare for a fall.