Bitcoin’s Six-Figure Future: Analyst Predictions

$100,000 on the Horizon

Analyst CrediBULL Crypto predicts Bitcoin will soar to $100,000 soon, within the next 7-10 days. He believes the recent price drop was the worst Bitcoin will experience, with the downside now limited to $60,000.

Bullish Indicators

CrediBULL Crypto notes positive signs, such as a drop in open interest and a return of the spot premium. He expects Bitcoin to rally once it clears the current resistance levels.

$173,000: A Higher Target

Analyst Egrag Crypto predicts an even more ambitious target of $173,000. He compares Bitcoin’s current price action to the 2017 market cycle, suggesting that an explosive fifth monthly candle is on the horizon, similar to what happened in July 2017.