- Bitcoin’s latest rally and recovery led to major profits for traders who held through the dip.
- Analyst expects the next target for BTC between $125,000 and $135,0000.
- Cycle top target for Bitcoin set to hit $235,000.
Bitcoin’s recovery to $100,000 continues to gain strength. The pioneer crypto asset hit the $100,000 to dip once again to the $98,000 price range. This rally restored the crypto sentiment back to Extreme Greed with a score of 79 as depicted by the Crypto Fear & Greed Index.
Bitcoin Rally Yields High Profits
In turn, many analysts are looking towards a pump for Bitcoin dominance once again. Moreover, they are calling attention to Bitcoin’s next ATHs in the ongoing crypto bull cycle. As we can see from the post above, this popular and reputed crypto analyst known for his many accurate crypto price movements and predictions reveals what’s next.
Analysts Set Next Pump Targets
This analyst highlights how the previous dip from $92,000 to $100,000 played out perfectly just as he predicted. He expects this sideways movement to continue until Bitcoin price will break out and head towards the $125,000 to $135,000 price range where the next sideways movement will ensue until the next ATH will hit.
As for expectations for Bitcoin next ATH, analysts are predicting varied numbers from $150,000 ATHs to cycle top prices over $235,000. As we can see from the post above, this analyst explains how a target so high is very likely for the price of BTC this ongoing crypto bull cycle.
