Bitcoin's Path to $112K: Analysts See "Tremendous Buying Opportunity" 🚀
The king is consolidating, and analysts are mapping the route to new all-time highs. Here's the breakdown:
The Bullish Outlook:
· James van Straten sees a "slow grind" upward, similar to gold's early 2000s rally, with steady ETF inflows supporting the climb. Expect 10-20% pullbacks as healthy corrections.
· Michaël van de Poppe is even more direct: any Bitcoin price under $107,000 is a "tremendous buying opportunity."** He flags **$112,000 as the key level to watch. A clean break above it could trigger the next major altcoin season.
The Classic Debate: Gold vs. Bitcoin
Gold advocate Peter Schiff challenged Michael Saylor's bet,arguing that gold's deep liquidity makes it easier for giant holders to exit positions without crashing the market. The debate rages on, but Bitcoin continues to build its own robust market structure.
Key Levels to Watch:
· Support: $109,400 - $109,575
· Resistance: ~$109,750, then the crucial $112,000
· A decisive break above $112k is seen as the trigger for the next major leg up.
The consensus? The setup remains strongly bullish. Any significant dip is being viewed as a chance to accumulate.
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