Taking note of Bitcoin’s recent price movements, a crypto analyst has suggested that the pioneer cryptocurrency could be gearing up for a strong bull wave that could drive its price by over 70%, pushing it past the $100,000 milestone. Here’s How High An Analyst Project’s Bitcoin’s Next Price Popular crypto analyst, Javon Marks revealed in an X (formerly Twitter) post on Thursday that Bitcoin’s recent price movements were signaling an impending bull rally.
The analyst projects that Bitcoin’s next target is presently 70% above its current price, with the potential to surge as high as $116,652 as it experiences one of the most explosive bull waves ever seen. From Mark’s X post, it can be seen that the analyst has consistently projected the $116,600 price target for Bitcoin.
Currently, the price of Bitcoin is trading at $67,601, marking a 1.31% increase in the last 24 hours and a 5.86% increase over the past month, according to CoinMarketCap. Bitcoin Price Could Jump Even Higher Than $116,000 Another well-known crypto analyst, identified as Yoddha’ on X has presented a Bitcoin price chart highlighting its next bullish price target.
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