Reported 2 days ago
Bitcoin reached a historic high above $125,000, breaking out of a two-month descending channel, signaling potential upward momentum. Analysts suggest a bullish target of around $160,000 over the next 12 weeks while highlighting critical support levels at $107,000, $92,000, and $74,000. This surge is attributed to strong risk appetite and increased investment in cryptocurrencies as a hedge against economic uncertainties.
Source: YAHOO