$BTC: Crypto Analyst Says ‘Bitcoin Heads Straight to $30K From Here’

As Bitcoin continues extending the gains it has enjoyed so far in 2023, one popular crypto analyst believes that the Bitcoin price is on its way to the $30,000 level.

On Wednesday (25 January 2023), pseudonymous crypto analyst “KALEO” told his over 559K Twitter followers:

#Bitcoin / $BTC

I once again am here to remind you that Bitcoin heads straight to $30K from here. pic.twitter.com/VnDlbfsoVN

— K A L E O (@CryptoKaleo) January 25, 2023

According to data from TradingView, in the year-to-date (YTD) period, the Bitcoin price has gone from $16,615 to $23,008, which is a gain of 38.47% (vs USD).

Source: TradingView

One crypto analyst who does not seem to be as bullish on Bitcoin in the short term as “KALEO” is Michaël van de Poppe:

#Bitcoin breaks upwards and tests that level at $23.6K, to immediately reject.

Question today will be whether GDP will push price towards new highs again or we’ll go sub $22.9K, which means lower prices to come.

Not much interested in longs here. pic.twitter.com/TmBSGKpMSz

— Michaël van de Poppe (@CryptoMichNL) January 26, 2023

Yesterday, Dennis Porter, Co-Founder and CEO of bitcoin mining advocacy organization Satoshi Action Fund, tweeted about his presentation — on the benefits of Bitcoin mining — to Capitol Hill staffers at a Senate Finance Committee hearing room.

Shared my presentation on the ‘Benefits of #Bitcoin Mining’ for Hill staffers in the Senate Finance Committee Hearing room. pic.twitter.com/P9EUHYWRfT

— Dennis Porter (@Dennis_Porter_) January 25, 2023

And then, less than an hour later, Porter offered this piece of good news:

Great work by @JodySteverson sponsoring this bill. We look forward to working with @PhilipGunnMS to get this on the House floor and @tatereeves signing it into law.

— Dennis Porter (@Dennis_Porter_) January 25, 2023

Earlier today, entrepreneur Jason Williams, who is a founding partner of Morgan Creek Digital Assets (the crypto-focused investment arm of Morgan Creek Capital), pointed out how Bitcoin has outperformed other various popular US stocks over the past ten years:

#Bitcoin for the wins gold for the lulz. pic.twitter.com/aDoHuRNV4W

— Jason A. Williams (@GoingParabolic) January 26, 2023

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