Analyst’s Forecast: Bitcoin (BTC) Could Rally To $5,800, Then Collapse By $1,000

Bitcoin May Break Past $5,350 In The Coming Week, Rally Further

Over the past seven days, Bitcoin (BTC) has expressed an uncharacteristic lack of price action. In fact, since April 16th, BTC has ranged between $5,170 and $5,325, as buying and selling orders have dwindled to month-to-date lows.

However, one analyst, Murad Mahmudov of Adaptive Capital, is predicting that over the coming week or two, the cryptocurrency markets will finally begin to show signs of action after some...

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