Bitcoin is on a tear, hitting a new all-time high of over $84,000. This surge has caused a massive $659.85 million in liquidations over the past 24 hours, according to Coinglass.
Altcoins Also Soaring
The Bitcoin rally has also boosted other cryptocurrencies, with Solana (SOL) reaching $220 after a 3.4% jump in the last day.
Analyst Predicts $130,000 Bitcoin
Crypto analyst Bluntz, with over 286,000 followers on X, is predicting that Bitcoin will reach at least $130,000 early next year. He believes that the recent price action suggests even higher potential, potentially reaching $150,000. Bluntz expects Bitcoin to hit his target around February 2025.
Disclaimer: This information is for educational purposes only and should not be considered investment advice. Always do your own research before investing in cryptocurrencies.
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