Bitcoin price targets mushroom as traders bet on $140K+ this bull run

By William Suberg

From golden crosses to ascending wedges, Bitcoin traders are increasingly optimistic on the future of Bitcoin price action, even as the market tracks sideways.

Bitcoin traders eye new all-time highs, which include $270,000 by October.

The bull run is far from over, they agree, with BTC price due a major comeback.

Doubts persist over the impact of the next Bitcoin bear market.

traders still see new all-time highs and even $270,000 this bull market.

The latest BTC price forecasts from popular market participants agree that BTC/USD is due to head much higher than its current record.

Bitcoin traders agree: New all-time highs will come

Bitcoin may be consolidating just above $100,000 after a slew of macroeconomic and geopolitical surprises, but the consensus among traders is anything but bearish.

Far from the bull market being over, many see Bitcoin preparing for a fresh period of price discovery.

“Bitcoin is trending upward in an Ascending Broadening Wedge,” popular trader Alan Tardigrade concluded in part of his latest analysis on June 15.