Bitcoin Price Volatility and Path to $117,000 Target
- Bitcoin’s recent price range was between $98,380 and $103,369.
- The target price for Bitcoin is set at $117,000 based on technical analysis.
- An ascending channel pattern has been observed since Q4 2024.
- A potential pullback to the $95,000-$100,000 range may occur before further gains.
- Resistance is expected near $108,000, the current all-time high.
Bitcoin experienced intense volatility with a recent trading range of $98,380 to $103,369. Analysts predict a potential climb to a target of $117,000 despite possible pullbacks to lower support levels around $95,000-$100,000.
Source (2.6)https://www.newsbtc.com/news/bitcoin/bitcoin-roadmap-to-117000/?rand=52377
