This Past Weekend Was a Whirlwind of Activity in the Cryptocurrency World

From a man suing a city council over lost Bitcoins to the Coinbase CEO expressing admiration for Elon Musk's productivity, the stories were as diverse

Bitcoin price rose on Wednesday, showing that 96% of BTC holders are currently in profit. Meanwhile, cryptocurrency trader Michaёl van de Poppe predicts that Bitcoin will reach an all-time high in the next three to four weeks.

According to CryptoSlate, van de Poppe expects the Bitcoin price to reach the $27,000 to $28,000 range next week and then rise to a new all-time high. The trader also expects meme tokens such as Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) to continue performing well over the next week.

Read more: Benzinga Bulls And Bears: Apple, Tesla, Netflix, Oklo — Plus Dogecoin, Meme Coins Outperform Corporate Giants

The recent rise in Bitcoin prices has traders and analysts making optimistic predictions about the future of the cryptocurrency in the coming weeks and months.

For example, last week van de Poppe predicted that the Bitcoin price could reach $25,000 next week and then rise to an all-time high. The trader also expects meme tokens to continue performing well next week.

Also last week, another trader, Credible Crypto, predicted that the Bitcoin price could reach $24,000 next week and then rise to an all-time high. The trader also expects meme tokens to continue performing well next week.

Bitcoin Price Chart: Image from TradingView

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