Bitcoin's price continued its bullish trend, reaching $91,200 and bringing its year-to-date gains to 115%. Analysts believe the rally has more room to run, with predictions of repeated all-time highs and a potential rise to $180,000. However, there are warnings of a possible short-term pullback, as the TD Sequential indicator has a sell signal on the daily chart and the perpetual market is overleveraged. Despite this, the daily chart suggests more upside, with Bitcoin forming a golden cross pattern and the next target being $100,000.
- Content Editor ( crypto.news )
- 2024-11-14
Bitcoin price base case for 2025 is $180,000, VanEck’s Sigel predicts