Bitcoin has continued its downward trend despite briefly surging to $94,000 last week, a move that had initially fueled investor optimism. Since hitting that level, the cryptocurrency has steadily declined, now trading below $80,000 as of today. While the short-term price action suggests a bearish outlook, some analysts remain confident about Bitcoin’s potential for long-term growth. Bitcoin’s Price Outlook: $180K Within Reach? One of CryptoQuant’s contributors to the QuickTake platform, ibrahimcosar, recently shared his perspective on Bitcoin’s price trajectory, offering a bold prediction for its next all-time high (ATH). In his latest analysis, the analyst reiterated his long-term expectation that Bitcoin could reach $180,000 by 2026, citing historical price cycles and institutional projections that align with his forecast. According to Ibrahim, Bitcoin’s price movements over the past year have followed a familiar pattern seen in previous bull cycles. The analyst pointed out that major financial institutions have recently begun making similar long-term projections, validating his earlier forecasts. While Bitcoin currently trades below $80,000, he believes that the asset has the potential to more than double in value w ..
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