Next Major Bull Target for Bitcoin at $116,652 Followed by an Expected Pump Over 20% to $165,745

• Next major bull target for Bitcoin at $116,652.
• Analyst expects a greater pump of over 20% after this target.
• This could take BTC to a much higher ATH of $165,745.

The crypto space may seem shaken after the fall of Bitcoin (BTC) from $98,000 back to the $96,000 price range, but seasoned analysts remain as bullish as even on the pioneer cryptocurrency hitting a greater ATH in the coming weeks ahead. Bitcoin’s last ATH was set at $109,114.88 last month. 

Presently, seasoned analysts are highly anticipating the price of BTC to jump up to much higher 6-digit targets starting from the $113,000 to $116,000 price range and the shooting up to hit much higher prices between $150,000 to $200,000 and then even higher prices. According to most analysts it is only a matter of time before Bitcoin (BTC) reclaims its 6-digit prices. 

As we can see from the post above, the analyst states that Bitcoin recently confirmed yet another Hidden Bull Divergence pattern and in its previous, multiple instances of doing so, the BTC price went on to continue majorly towards much higher key target price levels. This analyst had set the next ATH for BTC as $116,652.

Despite the many falls and stagnant sideways movement for Bitcoin over the last 30 days, this analyst says the trajectory for BTC to hit a new ATH at the target of $116,652 is still very much in play. Thus, the analyst expects a pump of over 20% to come into play soon after which can catapult BTC price to $165,745 as the bull market proceeds. 

Tags:Bitcoin BTC Bull Cycle Bullish Crypto market cryptocurrency