📈 Can Bitcoin Keep Climbing?
Bitcoin surged 46.3% in April–May, with a sharp 18.5% rise mid-May alone — pushing its CAGR from 7% in April to 31% by June. This reflects a major shift in long-term momentum, driven by strong market demand.
🔹 Crypto analyst Axel Adler Jr. now targets $168,000 by October, based on futures momentum and leverage trends.
🔹 But others urge caution — highlighting risk-adjusted returns and volatility as key metrics for sustainability.
🔹 Adler warns: when BTC trading volume hits 1 million, profit-taking could trigger a market reversal.
🧠 Takeaway: Bitcoin’s long-term outlook is bullish, but profit-taking, volatility, and leverage risk could shape what happens next.
