Bitcoin Price Surge Predicted by Investor James Wynn: Expert Sees Potential for $115,000-$122,000 Target

Prominent investor James Wynn has revealed an updated outlook on Bitcoin prices, according to a post shared on X. He recently made profits of roughly $111,000 – $111,100 from adjusting his long-position size. Wynn predicts an imminent surge in Bitcoin’s value, aiming for a price target between $115,000 and $118,000 by next weekend, though he believes the move could happen sooner. However, he cautions that once Bitcoin reaches its peak around $118,000-$122,000, the market might settle down with some lateral movement, potentially leading to interesting developments. Wynn also mentioned the term ‘altcoin season’ in his post.