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Bitcoin (BTC) Still on Track for $200,000 But This Must Happen First (Analyst)
Author: Dimitar Dzhondzhorov Last Updated Apr 10, 2025 @ 12:35
A surge in price above a crucial level could propel the cryptocurrency to new heights.
According to renowned analyst Ali Martinez, Bitcoin’s (BTC) trajectory still suggests it may reach $200,000. However, this must happen first.
The market has been experiencing intense volatility as tensions escalate between the United States and other countries over tariffs. This recent pullback has led many investors to question the viability of Martinez’s prediction.
However, it appears that the expert is not deterred by the downturn, and instead, sees a potential opportunity in the current market landscape.
Martinez believes that if Bitcoin breaks above $86,900, this could potentially trigger a massive rally that pushes the asset towards its previously mentioned target price.
Source: https://cryptopotato.com/bitcoin-btc-still-on-track-for-200000-but-this-must-happen-first-analyst/
