Bitcoin Price Prediction: $180,000 Targeted by Analyst Before BTC Surpasses Expectations
Bitcoin has been making some big moves lately, with a 50% rally in the past month alone. Analyst Pentoshi is feeling bullish about it and believes that Bitcoin could rise by another 82% from its current level. But he doesn’t stop there, hinting that Bitcoin could hit over $1 million in the future, saying that $180,000 is possible by 2026 at the latest.
Looking at the bigger picture, Pentoshi sees Bitcoin’s current momentum as incredibly bullish on a monthly basis. He emphasizes how observing shifts in different time frames can help investors adjust their strategies quickly.
When it comes to the broader crypto market, Pentoshi notes that digital assets are heading into a parabolic phase. While this could offer opportunities for the short term, he also warns that these parabolic advances may not be sustainable in the long run.
At the time of writing, Bitcoin is trading at $98,808, and Pentoshi’s insights offer a unique perspective on the potential future of Bitcoin and the crypto market as a whole.
