Bitcoin Predictions Reach $110,000 Milestone: KSDMiner Expects Market Surge

KSDMiner predicts a significant price jump for Bitcoin (BTC), with the cryptocurrency poised to surpass $110,000 this week and potentially reach over $130,000 by the end of May. This prediction is based on the narrowing triangle pattern visible in the BTC chart, suggesting an imminent price breakout. Currently trading at $111,430.14 per Bitcoin (BTC/USD), the market capitalization sits around $2.2 trillion. 8.5 million users have flocked to KSDMiner’s cloud mining platform to take advantage of this surge. The report highlights growing institutional investment and DeFi applications as key drivers behind the bullish sentiment.