The article highlights that Bitcoin has reached a new all-time high (ATH) of $106,488.25, surpassing its previous ATH in the $103,000 range. The crypto community is pleased with Bitcoin's bullish slow sideways movement and hopes it will reach the $110,000 price range. The analyst mentioned in the article refers to the current phase as a super cycle, where Bitcoin enters the price discovery phase with no limits and FOMO driving more investors to enter the market. He predicts that Bitcoin will reach a new ATH target in the range of $125,000 to $135,000. The analyst advises traders to hold as the best strategy in this phase.
- Content Editor ( cryptonewsland.com )
- 2024-12-16
Latest BTC ATH Set at $106,488.25 as Silver-Tongued Analyst Predicts Next ATH Between $125,000 and $135,000