Analysts are buzzing about Bitcoin hitting new highs, with predictions potentially exceeding $118,000. Key factors driving this optimistic outlook include a surge in bullish sentiment and institutional investment confidence. 🎧 📈 , crypto analyst Axel Adler’s prediction based on on-chain metrics and leveraged trades by prominent investors is fueling the excitement. This bold prediction is backed up by CryptoCon’s analysis using historical patterns of price peaks, suggesting Bitcoin might break through previous resistance levels. Their insights suggest significant institutional confidence driving this trend with a $500 million leveraged position serving as a clear indicator. 💰.