Bitcoin may rise above $30,000 before setting new bear market low – predictions
QCP Capital's Elliott Wave analysis suggests that Bitcoin price bottom is yet to be reached.
![Bitcoin may exceed $30,000 before fixing a new low market bear — forecast](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror= redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2023-01/884ab8f6-1478-4152-9987-d0f536dc5986.jpg)
![Bitcoin may rise above $30,000 before setting new bear market low – predictions](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDEvODg0YWI4ZjYtMTQ3OC00MTUyLTk5ODctZDBmNTM2ZGM1OTg2LmpwZw==.jpg?#)
QCP Capital's Elliott Wave analysis suggests that Bitcoin price bottom is yet to be reached.
![Bitcoin may exceed $30,000 before fixing a new low market bear — forecast](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror= redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2023-01/884ab8f6-1478-4152-9987-d0f536dc5986.jpg)
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