According to crypto analysts Jack Sparrow and Pentoshi, Bitcoin (BTC) is primed for a breakout and could potentially reach new all-time highs. Sparrow suggests that Bitcoin could initially reach $70,000, experience a brief dip, and then rally to above $100,000. He also predicts that Bitcoin could skyrocket to $142,000. Pentoshi believes that Bitcoin has formed a rounding bottom pattern, indicating bullish price action and the potential for a new all-time high. At the time of writing, Bitcoin is trading at $66,924.
Other News from Today
Protocol Village: Conduit Launches New G2 Sequencer, Claiming 10x Improvement Over Existing Versions
Despite Bitcoin and Cryptocurrencies Soaring, a Derivatives Trader Issues a Warning About the Market