Bitcoin's "Crazy Surge"! Analysts Target $180,000 to $200,000
Bitcoin (BTC) prices are stabilizing around $90,000, with market sentiment shifting from panic to neutral, and the uptrend beginning to recover. Renowned analysts suggest that Bitcoin's price target in the coming months will break through $180,000 to $200,000.
According to analysts' predictions, Bitcoin is currently consolidating in the range of $90,000 to $110,000 and will build momentum within this range. $90,000 is a significant support level, and the strong buying pressure at this price indicates that the bullish trend remains intact. Although the $100,000 threshold may face selling pressure, once broken, BTC will move towards higher historical records.
Analysts expect Bitcoin prices to continue rising, targeting a range between $180,000 and $200,000. It is anticipated that in the coming months, as inflation decreases and the Federal Reserve possibly cuts interest rates, BTC will benefit from macroeconomic changes, ushering in strong upward momentum.