Crypto analyst Rager recently provided valuable insight for Bitcoin and Ethereum investors ahead of the impending bull market. As part of his statement, he revealed the best time to go all-in on Bitcoin and Ethereum, the two largest crypto tokens by market capitalization.
“The last great chance of this cycle”
In a post on X (formerly Twitter), Rager said that the “last big opportunity of this cycle” will come around the time of Bitcoin's halving. In line with this, he also said that he is still holding his position and waiting for a “BTC and ETH pullback” that he clearly predicts will occur between now and May.
In Reger's opinion, this “great sell-off” is the perfect time for crypto investors to get ahead of this cycle's bull market. His statement also suggests that Bitcoin and Ethereum (and likely other crypto tokens) will be heavily executed after that pullback occurs. Interestingly, analysts continue to identify this event as the beginning of the next bull market.
Bitcoin may soon reach $60,000
In a subsequent post on X, Mr. Rager hinted that he would not invest in Bitcoin until it fell to $48,000, and discussed what price levels Bitcoin could fall to in the event of a crash. showed the idea. He also provided an analysis of Bitcoin's current price action, noting that it “consists of several days of strong price action followed by a number of declines and declines.”
He added that there is “a lot of upside” for Bitcoin and the broader crypto market. But he warned that a pullback is likely in the short term and could be the last golden opportunity. Rager also claimed that once this decline is complete, Bitcoin will break through the $60,000 resistance level for the first time since 2021. ETH’s next target is $3,500
In another X post, Rager said that the current market bullish momentum target is the $3,500 price level. He also believes this is likely to happen “sooner rather than later” thanks to the Ethereum Spot ETF rumors. Industry experts have expressed confidence that these funds will be approved.
He noted that $3,500 is just Reagor's first target for Ethereum in this cycle's bull market, and that it is “by no means the highest price.” Meanwhile, analysts said the peak of this bull market is still far away. He used crypto funding data as an indicator to determine when a market high is near, noting that funding remains at a low level compared to the peak of bull market activity.
