Bitcoin price expected to pump from $108,000 to $112,000 - $113,000.
This region is expected to hold a huge liquidity pool that could further propel BTC price.
The price of BTC could even pump to hit a target between $120,00 and $125,000.
As the crypto market swings back to bullish sentiments with the threat of a war no longer looming over it, Bitcoin and Etehreum prices have already begun to pump steadily. At the moment, the price of BTC is working its way to reclaiming its previous ATH price, and one analyst says that Bitcoin price expected to pump from $108,000 to $112,000 - $113,000, preparing to set new ATH prices ahead.
Bitcoin Price Expected to Pump
Since the geopolitical tensions between Iran and Israel seem to be simmering down since the US involvement, the price of crypto assets is no longer declining and is, in fact, rapidly rising. Presently, the price of Bitcoin (BTC) is working its way towards its previous ATH price set at the $111,000 price range. Similarly, the price of ETH is also working its way to move past the $2,500 price target.
With this bullish momentum in play, several analysts are curating many other bullish signals and indicators that will likely push the price of Bitcoin (BTC) to new ATH price targets in the coming days ahead. Presently, the goal is for Bitcoin to regain the $108,000 price mark and either hold at the level or continue to pump above it. If it can pump higher, it is a highly bullish sign for the asset to hit a much higher high next.
https://twitter.com/BitcoinMagazine/status/1937987833689481610
As we can see from the post above, Bitcoin Magazine highlights the bullish factors of the day for Bitcoin. The first is the goal of reclaiming the $108,000 price target. The other bullish factors include the Federal Housing Finance Agency issuing an order to count Bitcoin as an asset for a mortgage, more public companies adopting a Strategic Bitcoin Reserve, and finally, GameStop having raised $450 million to potentially buy more Bitcoin.
$112,000 to $113,000 Set as Next ATH Targets for BTC
https://twitter.com/DrProfitCrypto/status/1937803866377949609
While expectations for the price of Bitcoin (BTC) to pump and hit several new ATH prices in the coming days ahead grow significantly, one reputed silver-tongued analyst, Doctor Profit, reveals his next expectations for the price of the pioneer crypto asset. First, he mentions how he expected the price of BTC to hit a new ATH by last week, but this expectation was delayed due to the war threat.
Now, he says that since the crypto market and the war threat are in the clear, the price of Bitcoin (BTC) should begin to pump soon. He is expecting BTC price to continue moving with full speed to the major liquidity zone at $112,000 and $113,000. Here, he expects BTC to set a new ATH target and then a possible pump further that could take the price of BTC to the $120,000 and $125,000 price range.
