Bitcoin has shown uncertainty since its decline post-March, but recent consolidation has led analysts to predict it might surpass $70,000 and potentially exceed $100,000. Crypto expert TradingShot suggests a new rally could follow this consolidation phase, potentially driving Bitcoin towards $150,000, aligning with patterns seen in previous cycles around halving events. Indicators like the Vortex Indicator (VI) and Commodity Channel Index (CCI) highlight symmetrical cycles, with a predicted peak around March 17, 2025, and an initial target of $125,000, possibly reaching $150,000. Recently, Bitcoin hit $71,000 on May 21, driven by spot purchases and ETF entries, with mixed analyst views on whether the peak has passed or the bull run is beginning.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Bitcoin has shown uncertainty since its decline post-March, but recent consolidation has led analysts to predict it might surpass $70,000 and potentially exceed $100,000. Crypto expert TradingShot suggests a new rally could follow this consolidation phase, potentially driving Bitcoin towards $150,000, aligning with patterns seen in previous cycles around halving events. Indicators like the Vortex Indicator (VI) and Commodity Channel Index (CCI) highlight symmetrical cycles, with a predicted peak around March 17, 2025, and an initial target of $125,000, possibly reaching $150,000. Recently, Bitcoin hit $71,000 on May 21, driven by spot purchases and ETF entries, with mixed analyst views on whether the peak has passed or the bull run is beginning.
#ContentStar #HotTopicDiscussion #GateioBountyCreator #Gateio10周年