Bitcoin is about to explode! Analysts predict a surge to $140,000 within three months!

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Cryptocurrency analyst Jelle predicts that Bitcoin (BTC) could skyrocket to $140,000 in the next three months. He states that this price surge could occur early in the new year, and the upward trend of Bitcoin is expected to continue. Jelle mentioned that the cup and handle pattern of Bitcoin provides technical support for this target.

In addition, another analyst, Titan, is also optimistic about Bitcoin's short-term trend, believing it could reach $140,000 by early 2025. The chart he shared shows the significant rise Bitcoin could achieve in the coming months. Other market experts, such as engineer Ted Boydston, predict that Bitcoin could soar to $225,000 in the upcoming bull market, while renowned author Robert Kiyosaki expects Bitcoin to surpass $350,000 in 2025.

Signs of a price rebound are emerging!

Analyst Ali Martinez points out that Bitcoin may soon experience a rebound. Currently, Bitcoin's RSI shows a bullish divergence, and the long position ratio on Binance has risen from 53.12% to 64%. Martinez believes that if Bitcoin breaks through $94,800, it will further push the price up to $95,300 or higher. However, he warns that if the price falls below $93,600, it could pull back to $70,000.

As the buying ratio on the OKX exchange surges, market confidence is gradually strengthening, indicating that Bitcoin's future upward momentum is strong.

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