$200,000 Has Always Been the Target for Bitcoin, Analyst Explains How BTC Can Hit This Bull Target
- $100,000 has always been the target for Bitcoin.
- Analyst explains how BTC can still hit this bull target.
- Can the price of BTC surge to this target this year?
The crypto community continues to see bullish potential as the bull market enters its early bull run phase. Even since the price of BTC blew past several resistance levels to reclaim higher price targets close to the $80,000 price range, analysts were pleased to see BTC gaining closer to the $100,000 price range. One analyst says that $200,000 has always been the target for Bitcoin.
$200,000 Has Always Been the Target for Bitcoin
The month of August was an exciting turning point for the crypto community. As many were expecting the prices of crypto assets to continue to drop and set a bear market bottom over the next few months, we saw the opposite play out instead. Only one analyst, known for his many accurate predictions yet, predicted that the price of BTC will bottom in $40,000, only to reassess the market and announce that $54,000 would be the bottom.
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