Fashionable dealer and technical analyst Chris Vermeulen has predicted that Bitcoin, one of many main cryptocurrencies by market cap, may rally to as excessive as $135,000 in June.
In response to Vermeulen, Bitcoin at the moment exhibits a really related sample in comparison with late 2024.
“The chart is primed and prepared. We’re lengthy Bitcoin, and it is able to have a giant pop and transfer,” he mentioned.
Bitcoin is at the moment altering arms at $109,879, in accordance with CoinGecko information.
The biggest cryptocurrency is up by almost 3% over the previous week.
Final week, Bitcoin reached its present all-time excessive of roughly $112,000 on the Bitstamp alternate.