$BTC Here’s the Timeline an Expert Believes Bitcoin Will Reach $175,000 A prominent market analyst has released an updated price outlook for Bitcoin, analyzing current trends and the timeline for the asset to rise 66% to a new ATH.
Bitcoin recently posted its first red weekly close in eight weeks, as bullish momentum temporarily lost steam last week. The premier crypto asset’s parabolic expansion dates back to early April, when it rebounded from a November low of $74,508, surging 50.3% from the low to its all-time high of $111,980.
However, bears won last week, as Bitcoin corrected 3% from its opening price of $109,004. Nonetheless, bulls have shown aggression in the past two days, spurring consecutive uptrend days, with a combined 1.58% rebound. BNB RAIN
