Bitcoin Enters Path to $200,000 ATHs as Analysts Mark Two Bullish Indicators on the BTC Price Chart
Author: Content Editor
Bitcoin (BTC) recently set a new all-time high (ATH) at $108,268.45, marking its third consecutive ATH. The price correction that followed brought BTC to the $104,000 range. Although the overall crypto market sentiment is slightly lower, it remains in the "Extreme Greed" phase. Analysts predict that BTC could reach $110,000 in the coming days and $125,000 to $135,000 in the coming months. The breakout from a bullish megaphone pattern signifies a major move for BTC, indicating the potential for higher highs in this bull cycle. Another analyst points to the Bitcoin Golden Ratio Multiplier Breakout, suggesting that BTC may reach the $200,000 price range next.