Reputed Analyst Predicts Bitcoin Relief Rally to $100,000-$110,000

A reputed analyst predicts a likely relief rally for Bitcoin (BTC) in the coming weeks. They anticipate either a new all-time high (ATH) at $130,000-$140,000 or a bounce to around $100,000-$110,000 before entering a deeper bear market. Bitcoin’s price remains in a downward trend after falling to the $86,000 price range over the last 24 hours. Analysts believe a new ATH is unlikely, but this potential relief rally could occur as Bitcoin attempts to break above the current levels.