Why The Bitcoin Price Could See Another 70%-170% Jump From Here 📈
The Bitcoin price currently holds above $100,000 despite recent volatility. According to crypto analyst Doctor Profit, Bitcoin could potentially double in price, driven by a rare Golden Cross chart pattern that suggests further bullish momentum.
Macro factors, such as expected CPI data, could support this potential growth. Doctor Profit believes inflation rates might decline, stimulating risk-taking in markets. Additionally, the negative funding rate indicates a healthy market.
The analyst predicts Bitcoin’s first targets will be between $108,000 and $110,000, emphasizing that this rally is far from over, with expected gains ranging from 70% to 170%.
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