Why Bitcoin is lining up to hit $200k during current cycle
Bitcoin (BTC) is once again trading above the $70,000 mark after avoiding dropping below $60,000. With the ongoing resurgence, investor attention remains fixated on whether BTC will rally and achieve another record high before the April halving event. Indeed, a significant portion of market attention is focused on Bitcoin’s ability to hit a six-figure mark, and crypto analyst TradingShot believes the maiden digital asset has a strong chance in the current cycle . In a TradingView post on March 28, the analyst suggested that the asset has the potential to reach $200,000, despite experiencing a two-week consolidation period after surpassing its previous all-time high. Picks for you XRP and XLM about to ‘melt faces;’ Here’s why 49 mins ago Bybit’s Unified Trading Account spurs capital efficiency with 96% institutional adoption rate 2 hours ago Bubble Alert: U.S. issuing bonds at pandemic rates 2 hours ago Roger Ver would support Bitcoin again if this happ...