Bitcoin has set a new all-time high by reaching $111,999. Expectations for continued growth in the cryptocurrency market are increasing.
New All-Time High
Recently, Bitcoin (BTC) surpassed its previous all-time high of $111,900, reaching a new record price of $111,999 on the Binance platform, which is sparking optimism among investors.
Expert Predictions
Markus Thielen, founder of 10X Research, has predicted that Bitcoin could reach $133,000 by September. Thielen noted that there is renewed bullish momentum and a high demand for call options.
General Expectations for Q3
Although the third quarter is typically viewed as a weak period for Bitcoin, Thielen believes that this cycle may challenge that trend. He pointed out a 60% probability of continued growth based on his trading signals.
Thus, Bitcoin remains at the forefront due to its records and positive forecasts, which may attract even more investment into the cryptocurrency.
