Bitcoin could surge 500% to $120,000 in the next cycle.
Current prices: $BTC $ETH $BNB $SOL are holding steady with 24h changes at 0%.
The news story cites historical data showing BTC could bottom by Q4 this year, reaching a new ATH above $120,000, which is a 600% increase from current levels, driven by historical cycle patterns, and indicating a potential bottom in this bear cycle, with the analyst citing past trends.
Support at $50,000. Resistance at $65,000.
I'm bullish on $BTC with a target price of $80,000.
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