Analyst Who Predicted Bitcoin Rally to $14,000 Says $14,500 Is Next

Bitcoin has undergone a strong rally since Monday’s lows of $13,200. The leading cryptocurrency currently trades for $13,900, up 3.2% in the past 24 hours. Bitcoin is trading slightly below its daily highs of $14,100, which it breached earlier today when the U.S. Dollar dropped rapidly.

One historically accurate trader shared the chart:

Shortly after shows, BTC remains in a clear uptrend and is trading in a bullish fractal. The analysis suggests that Bitcoin could move to $14,500 to $14,600 in the coming 24 to 48 hours.