Bitcoin Price Prediction: BTC to Reach $170K This Cycle but Is That Conservative? ๐๐ฐ
๐ Pseudonymous analyst Titan of Crypto sees Bitcoin's potential cycle top through Fibonacci extensions. Conservative targets: $103K-$127.5K and $172.5K. Yet, bullish sentiment prevails with BTC possibly exceeding estimates.
๐ BTC nears blue line of Power-Law Corridor; breaking it could mean big gains. Currently at $67K, up 5.5% daily and nearly 30% weekly.
๐ Interest spikes with Bitcoin ETF approval; BlackRock's IBIT holds $10B+ in assets.
๐ But, caution as $69K remains a key resistance.
