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K or 0K? Bitcoin traders diverge on next BTC price top

$95K or $120K? Bitcoin traders diverge on next BTC price top

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Source: Coin Telegraph

Bitcoin could reach a macro price top of above $100,000, but can BTC stage a weekly close above $71,500 to confirm a breakout?

Traders and market analysts are divided over Bitcoin’s next potential macro top, which could reach $120,000 according to more bullish estimates. Can Bitcoin get a weekly close above the $71,500 mark?

Bitcoin’s (BTC)  price could be on track to the next leg up in the bull cycle, which could see the world’s first cryptocurrency hit the $120,000 mark, according to technical analysis by crypto trader Mikybull.

The popular trader wrote in a July 31 X post to his 71,000 followers:

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Author: Zoltan Vardai