On September 23, traders predicted that Bitcoin would breakout by the “end of the year”, and Bitcoin continued to hold at $62,000 at the close of the week after a sustained rebound from the September support level. Now, optimistic Bitcoin price predictions suggest that the market is leaning in the bullish direction. Crypto analyst Titan’s first target is $85,000.
He uploaded a weekly chart of Bitcoin's relative strength index (RSI), suggesting that market momentum is building that will push prices to new all-time highs, or even higher. He concluded: "Bitcoin $85,000: Medium-term target." "Weekly RSI breakout signals that Bitcoin will see an explosive rise before the end of the year."
Titan of Crypto added that if September ends with gains, the upward trend should continue throughout the fourth quarter.
