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Bitcoin Price Analysis: $220,000 Target in Sight?

BITCOIN: IS $220,000 BTC The Target?
BITCOIN: IS $220,000 BTC The Target?


Bitcoin, the world’s largest cryptocurrency, has been on a tear in recent weeks. The cryptocurrency has surged over 40% since mid-June, and it is now trading above its key resistance level of $30,000.

In a recent video, crypto analyst JB discusses various Bitcoin-related topics and news articles, including:

Price Expectations

JB is bullish on Bitcoin’s long-term prospects. He believes that the cryptocurrency has the potential to reach $220,000 or even higher in the coming years.

In the short term, JB expects Bitcoin to see further upward movement, especially on the daily and weekly charts. He notes that there are fair value gaps to be filled, with potential resistance around $35,333.


JB concludes his video by asking for reader opinions on Bitcoin’s future price direction. He suggests that Bitcoin could reach anywhere from $12,000 to $220,000 in the coming months and years.

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