Dear Readers,

Though the approval of BTC ETFs brought cheers around the globe, the price of the BTC was in a downward trend after the BTC ETF approval news.

As we see some recovery in the global crypto markets in a few days, the global crypto marketcap stands at $1.71T, a 3.24% increase from yesterday. 

It is a general expectation that after the BTC halving event, it will move forward. We have covered this in our recent article as well. Click here if you have missed it. 

BTC currently trades over 44700 USD, a up of 3.72% from yesterday. 

As BTC is surpassing the 43200 level, it is deemed to rally further.  With the trading analysis, the popularity is again with BTC and BTC leads with the trading volume as well. 

There is a wider market sentiment that there is a purchasing time now and if not we do at this point in time, BTC would sky rocket. 

At this crucial time, the forecasts from eminent analysts brought some cheers for the BTC holders. Incidentally all of them gave incredible price targets for BTC. 

Come and let's see this one by one: 

1. Trader Tardigrade in his recent twitter post, citing the latest cup and handle formation of BTC, he forecasts the BTC price to reach $130K which is a surprising news for everyone. 

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2.  In a one step forward, Charles Edwards a noted crypto analyst predicts that BTC would be heading to $280K by next year with his chart explanation in his recent tweet.  

If it happens, it would be a whooping profit for the BTC holders in the market. 

3. The noted crypto analyst, Fred Krueger in his latest twitter post expects that BTC would achieve its ATH within the next 2 months, which is a pleasant surprise to everyone. 

With all of these predictions and with the BTC chart movements, it seems that the overall sentiment is good for BTC and guys-cheer it up and take your decisions on BTC.