Crypto analyst TechDev predicts that the price of Bitcoin could rally to as high as $139,000 in the current market cycle based on previous election cycles. The analyst notes that Bitcoin has historically seen significant increases after each US presidential election, and the current election cycle may be even more bullish as the US now has its first pro-crypto president. Additionally, another crypto analyst, Ali Martinez, provides insights into what could happen after Bitcoin hits the $100,000 milestone, predicting a rally to $108,000 followed by a drop to $99,000 before further rallying to $135,000. At the time of writing, the Bitcoin price is trading at around $97,000, up over 5% in the last 24 hours.
- Content Editor ( newsbtc.com )
- 2024-11-22
Bitcoin Price ATH Set To Cross $139,000 According To Previous Election Cycles