Crypto Michaël, a cryptocurrency analyst, said on Twitter today that based on Bitcoin's current position on the chart, he believes that there are two possible scenarios for the price of Bitcoin. The first is optimistic: If BTC is able to maintain its current level of $ 7,751, it may surge to $ 9,500 in the future. To do this, several psychological levels between $ 8,000 and $ 9,000 must be overcome. Another possibility is that if current prices are not maintained, BTC may start to fall towards $ 6,400 or $ 5,800. Analysts made similar predictions for the price of ETH.