Bitcoin’s (BTC) Next Cycle Top Is Predicted To Be $137,000

Published 08/10/2023, 11:27
Updated 08/10/2023, 11:45
© Reuters.  Bitcoin’s (BTC) Next Cycle Top Is Predicted To Be $137,000
BTC/USD
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Coin Edition -

  • A trader predicted in an X post that BTC could reach $137K in August of 2024.
  • At press time, BTC was worth $27,952.35 after its price managed a slight 0.15% increase in the past 24 hours.
  • BTC was trading in a medium-term positive price channel, which suggested that its price may rise in the next few days.

Cryptocurrency trader, Titan of Crypto, shared his prediction for Bitcoin’s (BTC) next cycle top in an X post yesterday. By analyzing the historical price data of BTC and plotting the trend lines from a previous cycle’s low to its subsequent high, the trader estimated a potential price target for the upcoming cycle peak.

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