Bitcoin sets another ATH price, slightly higher than the previous at $111,970.
Analyst now expect a string of new ATH prices to come as micro targets.
These ATHs will be short lived as BTC is expected to go much higher.
The price of Bitcoin (BTC) set two consecutive ATH prices, the latest of which was just slightly higher than the previous record. Now, the pioneer crypto currency’s ATH price sits at $111,970.17. As Bitcoin sets another ATH price, crypto traders and analysts are bullishly sharing a string of several new ATH predictions for the short term, that is prices they expect Bitcoin to hit in the near future.
Bitcoin Sets Another ATH Price
Yesterday, Bitcoin (BTC) blew past its previous ATH in the price range $109,000 to set a new ATH price at $111,861.22. Since then, just under 24 hours later, the price of Bitcoin pumped once again to hit another new ATH price, this time, just slightly higher than the previous. Now, the new ATH price for Bitcoin (BTC) sits at $111,970.17. This has led to several analysts sharing new ATH targets for Bitocin in the coming days and weeks.
According to CoinMarketCap analytics, the price of Bitcoin is now hovering in the $110,000 price range, boasting a total market cap of $2,195,750,449,148.07 and a 24-hour trading volume of $59,090,436,932.09. In turn, this bullish momentum has resulted in a strong rise in market sentiment. According to the CMC Crypto Fear and Greed Index, the crypto market is sitting at a ‘Greed’ score of 76, marking growing bullish sentiments.
Next ATH Price Targets for BTC
https://twitter.com/Washigorira/status/1925606454204985462
With sentiments growing, and the price of BTC pumping, traders and analysts are now preparing for the next ATH price for Bitcoin. One reputed analyst expects the price of BTC to pump to the next micro pump target which he sets at $113,000. As we can see from the post above, the analyst sets this bull target off of a bull pennant unfolding perfectly as he expected, saying BTC is marching towards its next projected target.
https://twitter.com/DrProfitCrypto/status/1925646891380863108
Meanwhile, another analyst known for his many accurate silver-tongued predictions, Doctor Profit, also adds to the bullish fervor. In detail, he shares several ATH milestones for Bitcoin to hit in the coming days ahead. As we can see from the post above, his first ATH price target for Bitcoin (BTC) lies at $117,000. He also adds that this pump could even take it up to $120,000. After which, the price of Bitcoin (BTC) can even continue to pump till it hits $125,000.
This falls in line with several other BTC price predictions for this bull cycle. Some even go as far as to expect $200,000 to $250,000 in this year. Others expect this bull cycle to carry into the next year which will take the price of Bitcoin to new highs upto even $500,000 and possible $1,000,000.
