A renowned crypto analyst, Pentoshi, has forecasted significant rallies for Bitcoin ($BTC ) and Ethereum ($ETH ) in the near future. Sharing his analysis with his 834,500 followers on social media platform X, Pentoshi predicts that Bitcoin could surge by over 15%, targeting a price of $120,000, while Ethereum may rise by more than 20%, reaching $4,800.
At the time of writing, Bitcoin is trading at $105,756, up over 9% in the last week, while Ethereum stands at $3,992, up more than 7.4% during the same period. Despite speculation on President-elect Donald Trump’s influence on the market, Pentoshi believes Bitcoin will reach the $150,000 price point regardless of Trump’s involvement. He also maintains his long-term forecast of Bitcoin hitting $180,000 by 2026.
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