Key points:
Bitcoin’s rally to $105,980 has traders predicting new all-time highs this week.
Traders lift their end-of-year Bitcoin price targets to $200,000 based on technical factors and institutional investor adoption.
Bitcoin (BTC) has been stuck in a narrow range for the past few days, but the rally above $105,500 on May 18 increases the possibility of an upside breakout. Popular trader Alan said in a post on X that Bitcoin could soar to $116,000 early next week.
Another bullish voice was that of Bitwise chief investment officer Matt Hougan. While speaking to Cointelegraph, Hougan said that a supply shock due to increased institutional demand cou ..
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