Key points: Bitcoin is convincing traders that an upside breakout is around the corner, with all-time highs in sight. One target demands $116,000 next week, moving BTC/USD firmly out of its narrow range. A quick dip before continuing higher is among the options for BTC price action into the new week. Bitcoin (BTC) reduced volatility to a minimum into the May 18 weekly close as traders bet on a fresh breakout. BTC/USD 4-hour chart. Source: Cointelegraph/TradingView BTC price brews classic breakou...
BTC price to $116K next? Bitcoin trader sees 'early week' all-time high
Coin Telegraph - 18 May 2025 13:30
Key points: Bitcoin is convincing traders that an upside breakout is around the corner, with all-time highs in sight. One target demands $116,000 next week, moving BTC/USD firmly out of its narrow range. A quick dip before continuing higher is among the options for BTC price action into the new week. Bitcoin (BTC) reduced volatility to a minimum into the May 18 weekly close as traders bet on a fresh breakout. BTC/USD 4-hour chart. Source: Cointelegraph/TradingView BTC price brews classic breakou...
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