Global Macro Investor's macro research head, Julien Bittel, has shared a Bitcoin chart analysis suggesting the cryptocurrency could surge to $180,000 within 90 days if its RSI drops below 30. Bittel emphasized that this is not a forecast but a potential scenario contingent on the continuation of the current bull run. He also indicated that the Bitcoin cycle might extend to 2026, influenced by macroeconomic factors such as debt refinancing.
The analysis has sparked varied reactions across crypto platforms, with some investors expressing optimism while others remain skeptical about the feasibility of such a rapid price increase.
GMI Analyst Suggests Bitcoin Could Reach $180,000 in 90 Days
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