In a recent post, the cryptocurrency trader and analyst known as Crypto Rover made a prediction regarding the market leader, Bitcoin (BTC). According to Crypto Rover, a significant price movement may be on the horizon for Bitcoin within the next 5-10 weeks. This prediction was based on the observation of a symmetrical triangle formation on Bitcoin's chart.

This particular chart pattern indicates the potential for a forthcoming breakout in Bitcoin's price. Crypto Rover pointed out that if the breakout occurs to the downside, it could result in a drop in the cryptocurrency's price, possibly reaching as low as $12,000. On the other hand, Crypto Rover also shared a bullish target for the breakout, which is set at $63,000.