Cryptocurrency analyst is convinced that bitcoin will rise to $ 30,000 in 2 weeks

A popular cryptocurrency analyst under the pseudonym Kaleo has shared his opinion on the near future of bitcoin with his Twitter followers. According to Kaleo, BTC $95,900.68 Bitcoin -0.35% Market capitalization $1.9 trillion VOL. 24 hours $2.36 billion expects a rapid rise to $ 30,000 in 2 weeks.

According to the analyst, the flagship cryptocurrency will return to the level of June 2021 in the coming weeks. Accordingly, the HTC should grow by 30% in February. «When bitcoin breaks through all the supports, we will see consolidation at $ 30,000 ,» the analyst tweeted.

Kaleo also noted that the current market situation is very similar to the 2019 rally. «I expect the chart to break through the support at the bottom, and bitcoin will continue to strengthen and absorb liquidity from the market. The situation is similar to 2019,» Kaleo emphasized.

It is worth noting that bitcoin grew by 8.5% over the past day. The last time the digital asset demonstrated such indicators was in August 2022. Also, the market capitalization of cryptocurrencies has increased by 6% over the past 24 hours. According to CoinGecko, the capitalization of all digital assets is $ 1.09 trillion.