๐ **Bitcoin Price Surge: Is $81,000 Next?** ๐
Bitcoin (BTC) has soared to $66,000 this week, its highest since July 31. Crypto analyst Miles Deutscher predicts BTC could hit $81,000 soon, mirroring the S&P 500's 9% rise above its yearly high.
**Key Points:**
- BlackRock calls Bitcoin a "unique diversifier" and continues to allocate it.
- MicroStrategyโs Michael Saylor forecasts BTC at $13 million by 2045.
- Michael van de Poppe sees BTC reaching $90,000-$100,000 by year-end due to rising global liquidity.
- CoinGlass data shows Q4 is historically strong for BTC, with an average return of 88%.
**Technical Analysis:**
- BTC has formed an inverse head and shoulders pattern.
- Itโs above the 50-day and 200-day moving averages.
- Needs to clear $73,777 to continue the bullish trend.
What are your thoughts? Share in the comments! ๐ฌ