Bitcoin’s price hit an all-time high of $109,458 on Binance, marking seven consecutive weeks of green candles. This surge, fueled by strong DeFi adoption and increased institutional investment, has analysts anticipating a potential price target of up to $320,000 in 2025. Bitcoin’s market cap and realized cap also hit new highs of $2.17 trillion and $911.5 billion, respectively, as per Glassnode data. The current streak of consecutive green candles since Bitcoin bounced from its swing low of $74,500 is set to become the longest in almost a year if it closes this week above $106,500. Analysts are optimistic about the price targets for 2025 and beyond. Titan of Crypto predicts $135,000 as a realistic target, using Fibonacci analysis based on high-time frame resistance and support levels over the past two years. Veteran trader Peter Brandt has acknowledged Bitcoin’s new high but believes they are “not technically significant” within a bull market. Gert van Lagen suggests an even higher price target of $300,000 to $320,000 based on a 4-year bullish Megaphone Pattern and Elliott Wave Theory. While the market seems poised for another rally, caution is advised by Alphractal CEO João Wedson who cites high-leverage zones in Bitcoin’s heatmap as potential targets for liquidation. He warns against excessive optimism around new highs, urging investors to manage their risk effectively.