A popular market analyst known for his timely crypto calls now says Bitcoin (BTC) and Ethereum (ETH) will continue to rise.
Pseudonymous trader Pentoshi tells his 834,500 followers on the social media platform
‘Higher soon. ETH to $4,800. BTC towards $120,000.”
Bitcoin is trading at $105,756 at the time of writing, up more than 9% in the past seven days. Meanwhile, Ethereum is trading at $3,992, up more than 7.4% in the past week.
The analyst too notes he believes Bitcoin will reach the $150,000 price tag with or without support from newly elected President Donald Trump.
“INTEL: Trump plans to focus on the Bitcoin price and treat it as a new stock market. He aims for Bitcoin to reach $150,000 early in his presidency.”
Pentoshi believes Bitcoin will reach the $150,000 price target regardless of what Trump does.
Says Pentoshi,
“Promised agreements fulfilled. Honestly, I’m going there with or without [Trump] anyway.”
He also doubles his prediction that Bitcoin will reach $180,000 by 2026.
“$180,000 for a single BTC remains the target for 2025-2026 (is my estimate over the past three years for this cycle). With recent developments it seems increasingly likely.”
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Generated image: Midjourney
Credit : dailyhodl.com
