$300K Bitcoin Target Looks More Likely

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Bitcoin failed to follow gold to all-time highs this month, but analysts argue that BTC usually follows three to four months later, setting targets as high as $300,000.

Bitcoin's bull market still has room to run with a target range of $150,000-$300,000, analysts say.

BTC must decisively push above the $112,000-$114,000 zone to ignite a possible rally to $140,000.

Bitcoin’s sudden drop to $108,000 last week made it a 13% drawdown from its $124,500 all-time high, sparking fears that the BTC price might have peaked.

Despite this drawdown, some analysts argued that Bitcoin’s bull market had not even started, citing its performance relative to gold. 

Bitcoin bull market to resume in October


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