Comment on Bitcoin Hits New All-Time High – Will It Soar to $150,000 in the Next Bull Run?

Alvin Hemedez, ReadWriteWeb
Wed, 11/20/2024 - 9:04am

Bitcoin Hits New All-Time High – Will It Soar to $150,000 in the Next Bull Run?

Bitcoin has once again captured the spotlight, achieving a record-breaking all-time high of $94.5K today. This milestone surpasses the previous peak of $93.8K and sets the stage for what many analysts predict will be a historic bull run for the cryptocurrency market. With the global market capitalization climbing to $3.14 trillion, Bitcoin now looks ahead to its next targets: $100,000 by the close of 2024 and an ambitious $150,000 by the end of Q1 2025. Bitcoin (BTC) price analysis Bitcoin has entered its parabolic phase, a period of exponential growth typically lasting around 300 days.

 

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