The post Analyst Predicts Bitcoin Rally to $113,386 with 14% Upside Potential appeared on BitcoinEthereumNews.com.

Bitcoin ($BTC) is presenting a huge potential for a price upsurge. As per a popular crypto analyst Javon Marks, Bitcoin’s historical price movement indicates a considerable likelihood for enormous gains in this bull market. The crypto analyst reflected on the current price trajectory of Bitcoin and the possibility for a huge upside. By Bitcoin (BTC)’s history, prices look to still be in a position where there can still be a significant upside coming, meaning that much more could be on the way in this Bull Run 🐂! For the time being, prices look to be preparing for an over 14% increase to and above $113,386… https://t.co/nREydTkS12 pic.twitter.com/87srO6ij5M — JAVON⚡️MARKS (@JavonTM1) January 4, 2025 Bitcoin Readies to Jump by 14% to Reach $113,386 as ‘Target 2’ Marks brought to the front that the present market cycle of Bitcoin could be substantially advantageous with massive upside. This suggests that the price of the top crypto asset is presently getting ready for a noteworthy rally. Particularly, the analyst anticipates a likely 14% spike from Bitcoin’s present levels. This could push the prominent crypto token above the $113,386 mark. The analyst labeled this price level as the “Target 2.” The analyst stressed the current period as a crucial time for the further price movement of Bitcoin. During this phase, the flagship crypto token is gearing up for the upcoming heights. In this respect, the price action of Bitcoin is going in line with the former bull markets. While pointing toward the $113,386, Marks categorized it as a key resistance area for Bitcoin. Hence, if the crypto asset experiences a breakout from the respective zone, it could lead toward an even bigger upward momentum. Keeping this in view, breaching this spot will play a crucial role in Bitcoin upward journey. Breaching $113,386 Mark Might Lead…

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Filed under: News - @ January 5, 2025 6:26 pm