CandleFocus Bitcoin breaks $87k; here’s what this analyst says about BTC price
2024-11-11
Author: Content Editor
The Bitcoin price has reached a new all-time high above $87,000, leading analysts to predict that a major bull run could be underway. The recent rally was fueled by MicroStrategy's $2 billion purchase of bitcoin and the momentum from Donald Trump becoming president-elect. Crypto analyst Kaleo suggests that the next stop for BTC could be $90,000 before a brief consolidation, followed by a potential push beyond $100,000. The analyst points to previous cycles where Bitcoin experienced a similar trajectory and predicts a super bullish long-term view with a potential price of $150,000.
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