Podcasts Technology Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News 113: Bitcoin Price Next Target $12,500, Top Crypto Trader Predicts | BTC Is ‘Screaming’ $20,000 Surge!

113: Bitcoin Price Next Target $12,500, Top Crypto Trader Predicts | BTC Is ‘Screaming’ $20,000 Surge!

Published: Jan. 30, 2020, 2:35 p.m.

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A prominent crypto trader Eric Choe, aka Mr. Swing Trade, believes that the Bitcoin price may be heading to the moon soon and sets the next BTC price target at $12,500.

After Bitcoin (BTC) surged over the $9,000 threshold on January 28, traders are expecting the leading Cryptocurrency to keep appreciating, however, some still believe that Bitcoin may reverse and hit the bottom.

Eric Choe, who works with analysis based on Elliot Waves, has shared a chart which shows that Bitcoin is on its way to reaching a higher level in the short term. Bullish on BTC, the trader names the $12,500 area.