BTC price heading towards US$ 116 thousand? Trader sees all-time high at the beginning of the week

Bitcoin is about to break out of its narrow range in the coming days, with the potential to retest all-time highs and enter price discovery after several months.

Key points:

Bitcoin is convincing traders that a breakout to the upside is near, with all-time highs on the radar.

One projection points to US$ 116.000 next week, definitively taking BTC/USD out of its narrow range.

A quick drop before continuing to rise is one of the possibilities for the price movement of BTC at the beginning of the new week. #BinancePizza