Here Are the Next Big Targets
The post Here Are the Next Big Targets appeared on BitcoinEthereumNews.com.
TL;DR Bitcoin’s price skyrocketed beyond $110,000 for the first time ever, and the community was quick to pull out the big prediction guns and lay out the next impressive targets. Since the tweet below, BTC’s price has risen even further, and its market cap is well beyond $2.2 trillion. Its realized cap has also been on the rise consistently in the past several weeks. After 121 days, #Bitcoin has broken its all-time high, also setting records in its market capitalization and realized cap: Price: $109,486Market Cap: $2.17TRealized Cap: $911.5B pic.twitter.com/PlbFbKyWzg — glassnode (@glassnode) May 21, 2025 $150K or $200K Next? It took just over four months, but bitcoin managed to do what many thought was impossible just 45 days ago when its price slumped beneath $75,000 and broke its January all-time high of over $109,000. In the following hours, it retraced hard to $106,000, but the bulls took over once again and sent it flying to almost $112,000, which is the current peak. This puts the asset in a price discovery mode, which means a couple of things: 1) all investors are in profit, and 2) there are no historic resistances ahead. Consequently, many popular analysts took the opportunity to outline the next price targets, starting with Ali Martinez. His most optimistic version sees BTC skyrocketing to almost $150,000. #Bitcoin $BTC is trading at new all-time highs, entering price discovery. The next key levels to watch are $116,000, $126,000, $136,000, and $148,000! pic.twitter.com/yh3ShJ5X59 — Ali (@ali_charts) May 21, 2025 Stockmoney Lizards was a bit more bullish, as they highlighted the possibility of a short squeeze, which can result in an even bigger price surge for BTC of up to $200,000. #Bitcoin is about to break its old all time high! Be prepared for an epic short squeeze.. Even if we…
Filed under: News - @ May 22, 2025 6:18 am