The Bitcoin price is showing steady upward momentum, nearing the $70,000 mark despite bearish trends in the US equities market. Analysts suggest a strong bull wave could push Bitcoin's price over the $100,000 milestone.
Crypto analyst Javon Marks observed Bitcoin's market conditions resemble past bullish patterns and projected a significant rally. He targets a price of $116,652, after identifying a Hidden Bull Divergence pattern.
Marks has consistently predicted this price since September 12, supporting his strong conviction for Bitcoin to reach this all-time high.
Another analyst, 'Yoddha,' forecasts Bitcoin could soar between $130,000 to $170,000 by 2025, further supporting bullish sentiment.
Conversely, analyst Elja projects a more conservative target of $94,000, anticipating the breakout to begin in October.
