CandleFocus Bitcoin Prepares for a Major Breakout Setting Sights to New ATH of $99,000 – $100,000
2024-10-26
Author: Content Editor
Bitcoin (BTC) is currently trading in the higher side of the $60,000 range and showing bullish signs. Analysts expect BTC to reach its previous all-time high (ATH) in the coming weeks and potentially hit $100,000 to $150,000 by the end of Q4. Some analysts predict even higher prices, ranging from $220,000 to $550,000. According to one analyst, BTC is set for a massive price breakout that could take it to $99,000 to $100,000. Amid market dips, analysts advise against shorting BTC due to its volatility and timing uncertainties. Instead, they recommend spot-selling to secure stablecoin stocks. It is emphasized that this is a macro bull market, and shorting at any point can be risky. The trend is expected to continue until the end of the trend.
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