• Bitcoin sets its new ATH at $106,488.25 as it continues its sideways pump.
• Analyst expects next BTC highs to be $110,000, $125,000, and $135,000.
• Current bull cycle is mirroring the previous crypto bull cycle signifying greater gains ahead.

Bitcoin sets a new ATH at $106,488.25 as it continues its steady sideways movement. Just as one seasoned analyst predicted, the price of BTC will move between $90,000 and $110,000 signaling more dips and new ATHs in the coming days. The previous ATH set at the $103,000 price range has now been replaced by $106,000, is $110,000 the next ATH?

Bitcoin Sets New ATH at $106,488.25

The same silver-tongued analyst who has made many accurate predictions for the crypto market so far believes that once the price of Bitcoin breaks past the $110,000 barrier, the asset will move into the next trading box on the chart. He says this will take Bitcoin to the $125,000 and $135,000 ATH price range. 

Bitcoin Continues to Mirror Bullish 2020 Bull Cycle

Adding move bullish momentum to an already bullish crypto market are the striking similarities between the 2020 and 2024 Bitcoin bull cycles. As we can see from the post above, the analyst says if history will not repeat itself then it will certainly rhyme hinting at possible greater pumps for Bitcoin and the crypto market this cycle. 

The analyst goes on to say that if we were to compare the ongoing crypto bull cycle to the previous crypto bull cycle then it is likely that we are in the same zone as was in the late 2020 phase. This highly points to incredible significant growth for the price of Bitcoin as well as explosive gains for capable altcoins as well.

The post Bitcoin Sets New at $106,488.25 as BTC Price Chart Parallels Previous Bull Cycle Signaling Greater Gain Ahead appeared first on Crypto News Land.

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