Bitcoin (BTC) has reclaimed a crucial price level earlier today, and it appears that more highs will be seen in the coming days. As of writing time, BTC is trading at $61,386, after a jump of 4.29% in the last 24 hours. Notably, it was trading around $58,000 almost 12 hours ago.
Consequently, this surge to $61,386 is considered a bullish move from Bitcoin, and it may be the start of a major price rally. Analysts are also giving bullish Bitcoin price predictions after seeing this significant recovery. For instance, prominent crypto analyst Jelle has predicted that BTC can hit $140,000 by the end of this year.
