• Bitcoin price nears its previous ATH in a strong recovery pump. 
• Analyst expects the next leg up to new ATHs to begin very soon. 
• Another says a $140,000 ATH price for BTC is inevitable as bull pennant pattern appears.

Bitcoin’s continuous upward momentum since Trump’s official inauguration as the latest President of the United States has brought the price of Bitcoin to a new ATH of $109,114.88. Analysts expect to see a string of new ATHs for BTC prices as we near February.

Bitcoin Sets New ATH at $109,114.88

Despite this bullish momentum, the Crypto Fear & Greed Index still only points to a score of 76 in ‘Extreme Greed’ territory meaning that much greater price actions are expected from the crypto market by the crypto community. Thus, analysts, traders, and investors alike sit patiently to welcome new highs for Bitcoin and altcoins in the coming days ahead. 

As we can see from the post above, one reputed analyst known for his silver-tongued accurate predictions reminds the crypto community that distraction is the biggest friend of market makers. He says that preparations are being made for Bitcoin to enter its next leg and begin its journey to set new ATHs very soon. 

$140,000 BTC ATH Inevitable

Similarly, other analysts are incredibly bullish on Bitcoin as the crypto market shows exceeding signs of the market recovering and turning highly bullish. As we can see from the post above, this analyst expects a new ATH for BTC at $140,000. He says that this price could be inevitable due to the bull pennant unfolding perfectly on the BTC price chart which continues to push higher by the hour.

The post BTC Sets New ATH at $109,114 Price Igniting Possibility of $140,000 Bitcoin ATH Amid Bull Pennant Formation appeared first on Cryptonewsland.

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