By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Live Trading NewsLive Trading NewsLive Trading News
  • Stocks
  • Forex
  • Gold
  • KNIGHTS
  • Luxury
  • Horse Racing
  • Trade Now
Search
Reading: Bitcoin to $30,000 When 2 Conditions Are Met
Share
Live Trading NewsLive Trading News
  • Stocks
  • Forex
  • Gold
  • KNIGHTS
  • Luxury
  • Horse Racing
  • Trade Now
Search
  • Stocks
  • Forex
  • Gold
  • KNIGHTS
  • Luxury
  • Horse Racing
  • Trade Now
Follow US
© 2024 LiveTradingNews.com - All Rights Reserved.
Live Trading News > Blog > Crypto > Bitcoin > Bitcoin to $30,000 When 2 Conditions Are Met
2022

Bitcoin to $30,000 When 2 Conditions Are Met

Paul Ebeling
Last updated: July 21, 2022 3:04 am
Paul Ebeling
Share
2 Min Read
SHARE

#crypto #bitcoin #rally

$BTC $ETH

“A widely followed crypto strategist says 2 conditions that, when met, will energize a Bitcoin bull rally to $30,000”–Paul Ebeling

Pseudonymous analyst Inmortal tells his 173,800 Twitter followers that this is a big week for Bitcoin as it could determine whether BTC’s recent move above $22,000 is a true breakout or just another bull trap.

The analyst also says BTC bulls must keep Bitcoin above $23,000 to open the doors for a significant rally to the upside.

“A rally to $30,000 zone is possible, but we need to see acceptance above $23,000. Otherwise, this could end in an ugly deviation/swing failure pattern. We are at resistance. Stay safe.”

Image
Source: Inmortal/Twitter

At time of writing, Bitcoin is trading for $22,806.29.

The second condition, according to Inmortal, is that Bitcoin should take the reigns from Ethereum (ETH) and lead the crypto markets to a more sustainable surge.

“Thinking about taking profits on ETH spot buys and hold all the BTC.

If this is a true rally:

1. ETH is a bit overextended so it could retrace and stop leading
2. BTC lead the market and copy the ETH move.”

Ethereum is currently priced at $1,523, up nearly 30% in the last seven days. In comparison, Bitcoin is in the green for about 12% over the same time period.

Although Inmortal is considering the possibility of a Bitcoin rally to $30,000, he warns the surge will likely not lead to a new bull cycle.

“Nice reaction at weekly demand so far.

Still think we’ll see a bear market rally at some point this summer, then boring consolidation for months.

Bitcoin.”

Image
Source: Inmortal/Twitter

A tip of my hat to sovereign individuals with satoshis and Bitcoin in cold storage with our firm. Click here

Check Price Action

Have a prosperous day, Keep the Faith!

You Might Also Like

Ethereum Trading Outlook

Bitcoin Trading Outlook

The 20 Great Quotes of John McAfee

New Cold War Looms as Tariffs Shift from Trade to Politics

America Party: Terminal Debt Crisis and Elon Musk Buy $BTC

TAGGED:Bitcoincryptorally

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

Subscribe our newsletter for latest news around the world. Let's stay updated!

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Copy Link Print
Share
By Paul Ebeling
Paul A. Ebeling, a polymath, excels, in diverse fields of knowledge Including Pattern Recognition Analysis in Equities, Commodities and Foreign Exchange, and he is the author of "The Red Roadmaster's Technical Report on the US Major Market Indices, a highly regarded, weekly financial market commentary. He is a philosopher, issuing insights on a wide range of subjects to over a million cohorts. An international audience of opinion makers, business leaders, and global organizations recognize Ebeling as an expert.   
Previous Article djxo13ld 1920 Catalysts Driving the Rally in Digital Asset Markets
Next Article botinfacade today At the World’s Oldest Restaurant, the Fire Has Been Burning for 239 Years
Buy Bitcoin

Buy Bitcoin

Latest News

photo 2024 01 12 17 15 43
Bitcoin Might Be Bumpy BUY THE DIP
Bitcoin Featured Headline News KXCO Shayne Heffernan on Investments July 5, 2025
Screenshot 28 6 2025 184218
KXCO and the New World of Money
Blockchain Blockchain for Government DeFI Digital Assets Economy Gold Headline News KNIGHTS Knightsbridge KXCO KXCO Opinion Politics Shayne Heffernan Stablecoins USD July 3, 2025
bitcoin kxco
KXCO’s Position in Tokenized Cash and Cross-Border Payments
AI Bitcoin Blockchain Blockchain for Government Business cefi Crypto DeFI Digital Assets Fintech Gold Headline News Knightsbridge KXCO KXCO Opinion Shayne Heffernan Stablecoins USD Web3 July 3, 2025
Hong Kong
Hong Kong is Back
Business China Crypto Featured Headline News Hong Kong Knightsbridge Insights KXCO Opinion Politics Shayne Heffernan Shayne Heffernan Shayne Heffernan on Investments July 3, 2025

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
11.6kFollowersPin
56.4kFollowersFollow
4.4kFollowersFollow
//

Stay informed with LiveTradingNews.com – your ultimate destination for timely and insightful updates on global markets, finance, and investment trends. Explore the latest news and analysis to empower your trading decisions.

Quick Link

  • About us
  • Advertise
  • Send us a tip!
  • Privacy Policy
  • Contact us

Top Categories

  • Knightsbridge Insights
  • Featured
  • Stocks
  • Shayne Heffernan
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Subscribe our newsletter for latest news around the world. Let's stay updated!

Live Trading NewsLive Trading News
Follow US
© 2025 LiveTradingNews - For The Traders, By The Traders – All Right Reserved By Knightsbridge Group
Welcome Back!

Sign in to your account

Register Lost your password?