Bitcoin has recently reached an all-time high of $89,604, sparking widespread interest and speculation about its future price. Historical patterns suggest that the current cycle could last until 2025, with a potential value jump to over $150,000 by 2026. Analyst Gert van Lagen predicts a target price range of $220,000-$320,000 based on a parabolic breakout from a base level. The chart also indicates that the current market is in a "bear trap," with potential for significant upward movement. Additionally, there is a liquidation zone between $87,643 and $89,000 where both long and short positions are building up, making it a crucial range to watch for potential price movements.



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