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Bitcoin Targets $166K Price Extension

Bitcoin Price Rally to $166,000 Still Possible

  • Crypto analyst CryptoCon suggests Bitcoin could rally to $166,000 by mirroring its previous year’s move.
  • Current Bitcoin price is around $95,800, down over 2% in the last 24 hours.
  • CryptoCon also noted the possibility of a delayed rally but maintained that the cycle isn’t over.
  • Other predictions include Matrixport’s $160,000 target and Bitwise’s $200,000 target for this year.
  • Bitcoin is holding a support zone at $94,553 with potential consolidation expected.

The Bitcoin price is currently trading around $95,800. Predictions from analysts suggest potential rallies to targets between $160,000 and $200,000 within the year.

Source (2.6)https://www.newsbtc.com/news/bitcoin/bitcoin-166000-target-in-play/?rand=52377
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