Julien Bittel of Global Macro Investor has suggested that Bitcoin could potentially rise to $180,000 within the next 90 days. This projection is based on a chart he shared on X, which indicates a possible upward trend following Bitcoin's Relative Strength Index (RSI) hitting oversold levels. While the chart aligns with historical patterns, Bittel clarified that it is not an official forecast.
Bittel also mentioned that the typical four-year Bitcoin cycle might extend to 2026 due to various macroeconomic factors. The crypto community has shown mixed reactions to this analysis, with some expressing optimism about the potential price surge, while others remain skeptical about its feasibility.
Bitcoin May Reach $180,000 in 90 Days, Suggests GMI's Julien Bittel
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
