Bitcoin (BTC) to Hit $28,000 next week?

[Jennyjack]

The fact that Bitcoin appears to have found a solid support level of over $23,000 has created a lot of enthusiasm in the community. At the time of publication, the price of one king was $23,492. However, the token recently temporarily crossed and exceeded $24,000.

February's performance of bitcoin will be the focus of attention as predictions mount and analysts become enthused.

 

[Suba]

I also read a lot of news that analysts or experts think that Bitcoin will start to follow an uptrend, Since January Bitcoin has been able to build a recovery of around 35% from its bottom. so that retail investors are growing more confident and more optimistic. Moreover, the Fed can manage the inflation rate so that interest rates decrease.

My prediction is based on the Trendline until at least Saturday 18 February, 2023 the Bitcoin price is expected to reach $26k, based on the RSI indicator the Bitcoin price has reached the overbought area, meaning there is a possibility that there will be a correction to the Bitcoin price at the end of February.