Analyst Predicts Soaring Bitcoin, Updates Outlook on Shiba Inu Rival 🚀

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Bitcoin's Bull Run Accelerates: New All-Time Highs Expected Sooner! 🌐

In an update, crypto analyst Kaleo suggests Bitcoin could hit new all-time highs (ATHs) by mid-2024, earlier than initially thought. Despite a recent dip, Kaleo believes the crypto giant is in an uptrend, setting the stage for a significant year with potential ETF approval and the upcoming halving in April.

Bitcoin's Healthy Correction and Path to Price Discovery 📈

Kaleo views the recent dip as a healthy correction, establishing a new trading range before an anticipated upward trajectory. The potential approval of a Bitcoin ETF, coupled with the strength of the Invesco QQQ Trust, which mirrors large tech companies, adds to the bullish sentiment. The stars seem to align for a remarkable 2024.

Shiba Inu Rival PEPE Faces Setback, but Hope Persists 📉

Turning attention to Shiba Inu rival PEPE, Kaleo notes a breakdown in its uptrend. He cautions against entering a long position unless bullish momentum is regained, emphasizing the importance of reclaiming a specific price level. PEPE's current price sits at $0.00000143, a 6.7% decrease in the past week.

👍 In Conclusion: Stay Tuned for More Crypto Insights! 🚀

The analyst's optimistic outlook for Bitcoin, driven by potential ETF approval and the looming halving, contrasts with the cautionary stance on PEPE. As the crypto market evolves, keeping an eye on these dynamics promises an exciting journey. Don't forget to like, share, and share your thoughts in the comments. Stay tuned for more crypto insights! 👍