Generative Data Intelligence

$BTC: Crypto Analyst Says ‘Bitcoin Heads Straight to $30K From Here’

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As Bitcoin continues extending the gains it has enjoyed so far in 2023, one popular crypto analyst believes that the Bitcoin price is on its way to the $30,000 level.

On Wednesday (25 January 2023), pseudonymous crypto analyst “KALEO” told his over 559K Twitter followers:

According to data from TradingView, in the year-to-date (YTD) period, the Bitcoin price has gone from $16,615 to $23,008, which is a gain of 38.47% (vs USD).

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One crypto analyst who does not seem to be as bullish on Bitcoin in the short term as “KALEO” is Michaël van de Poppe:

Yesterday, Dennis Porter, Co-Founder and CEO of bitcoin mining advocacy organization Satoshi Action Fund, tweeted about his presentation — on the benefits of Bitcoin mining — to Capitol Hill staffers at a Senate Finance Committee hearing room.

And then, less than an hour later, Porter offered this piece of good news:

Earlier today, entrepreneur Jason Williams, who is a founding partner of Morgan Creek Digital Assets (the crypto-focused investment arm of Morgan Creek Capital), pointed out how Bitcoin has outperformed other various popular US stocks over the past ten years:

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