According to Cointelegraph: Bitcoin's price is forecast to hit $55,000 this week, despite growing concerns about another bear market on the horizon. In his latest analysis, renowned Crypto trader Titan reiterated his BTC price target of $55,400.

Bitcoin bulls are battling to reach all-time highs, with resistance currently forming near the $52,000 mark. Titan of Crypto reported that the "extremely bullish momentum" could potentially see the BTC/USD rate rise further by 6% over the week.

According to the Ichimoku Cloud data on Titan's weekly chart, there is one more goal to be achieved, with two goals already achieved. If Bitcoin can successfully close the weekly candle above $50,900, the next target of $55.4K will become visible.

Despite Bitcoin's rise, concerns about an "overheated" market are growing. Trader and analyst Credible Crypto warned that even if current all-time highs are reached and BTC/USD exceeds $100,000, the chances of a sharp correction increase.

Credible Crypto highlighted the naturally cyclical nature of the market, arguing that despite bullish inflows into spot Bitcoin ETFs, no market can sustain an indefinite upward trajectory. A major parabolic rally is usually followed by a significant collapse, and vice versa.

Trader and YouTuber TXMC Trades similarly warned readers that they should not rely solely on ETF inflows to perpetuate Bitcoin's rise indefinitely. Mikael van de Poppe, founder and CEO of MN Trading, also sounded a note of caution, noting that the market looks "slightly overheated" and suggesting a minor correction may be needed to return to a more realistic state.

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