https://ift.tt/ph1R6tq Is The Only Pure Gold Crypto, Apple Co-Founder Says | CryptoGazette

Bitcoin’s popularity is on the rise and the king coin’s resilience is shown now by the geopolitical situation. Check out what Apple co-founder had to say about Bitcoin recently.

Someone hopped in the comments and noted the following:

“Steve Wozniak is a brilliant man and successful founder. Even though he has his reservations on cryptocurrency calling most of them “rip-offs,” he still expressed his admiration for Bitcion. But one thing his interview failed to cover is if he actually owns some Bitcoin.”

Bitcoin price prediction

There are new predictions about the price of Bitcoin these days. Check out the latest reports about the price of the most important coin in the crypto market.

At the moment of writing this article, BTC is trading in the red and the king coin is priced at $38,295.

It’s been revealed that an important crypto strategist and trader says Bitcoin’s recent correction below $40,000 has set the stage for BTC to rally to $50,000 in the coming weeks.

Pseudonymous analyst Credible just said that Bitcoin’s rejection at $45,069 on March 2nd indicates that BTC is now trading inside a triangle pattern while carving a bottom.

“The depth of this retracement means our B wave is likely complete already if this is a triangle structure – now a standard triangle (like we had at $10,000) rather than running.”

He continued and said this:

“Daily demand in BLUE at $38,000 is still the key to hold for this idea to remain valid.”

The crypto strategist said that the triangle pattern that formed during that time preceded Bitcoin’s massive rally from $10,000 to $60,000.

“The last segment of our corrective structure that preceded the third impulse wave from $10,000 to $60,000+ was a triangle. [It] would be nice to see something similar here if our bottom is in. Remember a longer base typically leads to a stronger impulse. Pullbacks on BTC to $38,000 – $42,000 are healthy.”