It’s been predicted that Bitcoin will surge to $40k sooner rather than later. Check out the latest predicitons about the price of the most important digital asset there.

Bitcoin price prediction is out

A really popular crypto analyst and trader is expressing bullish sentiment on Bitcoin.

The pseudonymous analyst said recently that Bitcoin’s rally to the key psychological level of $40,000 would be swift.

The move from $30K to $40K $BTC is going to happen a lot quicker than most people think.

Plenty of people who *want* to be bulls, but are waiting for a dip will be left watching from the sidelines.

— K A L E O (@CryptoKaleo) March 22, 2023

“The move from $30,000 to $40,000 BTC is going to happen a lot quicker than most people think. Plenty of people who *want* to be bulls, but are waiting for a dip will be left watching from the sidelines.”

Kaleo has previously set a target of $40,000 for Bitcoin, saying severally that the key psychological level is a “magnet.”

“This is your daily reminder that $40K is a magnet. Do you believe me yet?”

Boosting Bitcoin markets

It’s been just revealed that there is an important crypto analyst who says he thinks he knows what’s fueling Bitcoin’s (BTC) most recent upward rally.

Crypto trader Michaël van de Poppe recently said the fact that he expected more downside out of BTC than he’s currently seeing.

“Bill to propose Bitcoin mining in the US is a positive thing for the markets, probably fueling the upwards rally.

Expected more downside, but broke through $27,700 and clearly going for the highs, have to see how we stand there.”

As we revealed earlier today, it’s important to also note the fact that he had previously expected BTC to be on the downtrend. This happened following the Federal Open Markets Committee (FOMC) meeting.

“Powell stated the obvious. He needs to continue hiking the interest rates, while he’ll add more to the balance sheet to save banks.

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