Crypto Trader Believes BTC Could Surge to $34,000 in Next Days by CoinEdition [Advance Cash ]

• Crypto trader Ali tweeted that BTC could soon surge to $34,000 if the current trajectory holds.
• Meanwhile, Santiment tweeted today that large whales have appeared on BTC's network.
• At press time, the price of BTC stands at $30,112.33, following a 6.29% gain.

Crypto trader Ali (@ali_charts) tweeted this morning that Bitcoin (BTC) price remains on track to hit $34,000 soon.

BTC daily chart (Source: TradingView)

According to the tweet, the price of BTC will climb to $34,000 as long as the bullish megaphone chart pattern currently present on the BTC chart continues to dictate the path of the crypto.

Meanwhile, blockchain analytics firm Santiment (@santimentfeed) also tweeted this morning regarding BTC. According to Santiment's tweet, big whales appeared on BTC's network today. The tweet added that a total of 11,22,000 separate BTCs were moved in two simultaneous batches.

At press time, the price of BTC is trading slightly above the key $30,000 level after gaining 6.29% in the past 24 hours, according to CoinMarketCap. This 24-hour gain propelled BTC's weekly price performance further into the green, bringing the total weekly gain to +6.55%. As a result, BTC is currently trading at $30,112.33.

In addition to strengthening against the dollar, BTC has also strengthened against Ethereum (ETH) in the past 24 hours. At press time, BTC is at 3.02% against the leading altcoin.

The price of BTC was able to hit a daily high of $30,160.48 but has since pulled back to trade at its current level. Nonetheless, the price of BTC is trading closer to its 24-hour high, with its 24-hour low currently standing at $28,189.27.

Finally, the trading volume for BTC today increased somewhat, as BTC was able to cross the $30,000 mark for the first time since June of last year. Currently, the daily trading volume of BTC stands at $24,246,305,465. This is a 92% increase from the total trading volume of BTC yesterday.

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