Tony Severino, known for his cryptocurrency analysis, made his prediction for the peak of the bull season for Bitcoin (BTC).
Crypto Tony Severino, Bitcoin He said the price could go up to $137,000. In question is prophecy. BTCThis raised questions about whether this could be the highest level reached this cycle. The analyst also made some statements regarding this question.
The analyst gave the bottom and top price for Bitcoin
Tony Severino said in a post on the X platform that Bitcoin’s highest price is $137,000 and the lowest price is around $39,000.
When asked if the $137,000 level was the peak of the bull market, the analyst said his target range was between $160,000 and $180,000. He said the $137,000 was justified just for that month and added up over time. Therefore, he noted that the $180,000 peak target may become even more achievable in the coming months.
According to Tony Severino’s Bitcoin chart, the upward movement will continue. Looking at the monthly chart, the crypto expert draws attention to price volatility. When moving within a certain channel, BTC shows larger price movements along channel intervals. According to Severino’s chart, BTC has broken to the upside.
A BTC weekly close above $75,000 will increase the price. Additionally, data from spot ETFs will play an important role. As long as net inflows into ETFs increase, expectations for BTC may increase.
This article does not contain investment advice or recommendations. Every investment and trading venture involves risk, and readers should do their own research when making decisions.
