the analyst who predicted the crash says bitcoin could hit 150k in q4

Cryptocurrency News and Public Mining Pools

the analyst who predicted the crash says bitcoin could hit 150k in q4

remember the crash on Oct 10? bitcoin dropped from 125k to around 111k, ethereum slipped below 3800, and over 19 billion dollars got wiped out in hours. one analyst, ash crypto, actually warned about this weeks before it happened.

on oct 1st, he posted that the early october rally was a “pump then dump” trap for retail traders. he even said bitcoin could drop near 106k and eth around 3800….almost exactly what played out.

but ash isn’t just calling the crash. he says this correction runs till mid october, and once everyone turns bearish, that’s when the reversal starts. he expects “parabolic candles” in the last ten days of october and predicts bitcoin hitting 150k by year end, with eth 8k.

sounds bold, but his logic tracks. the crash cleared leverage and weak hands. when fear peaks, strong buyers usually step in. add in the fed’s rate cuts and steady institutional demand, and the setup for a q4 rally looks solid.

the market’s still shaky, but that’s how most recoveries start. if ash is right again, the dip might’ve been the setup for something much bigger.

submitted by /u/hodorrny
[link] [comments]