Bitcoin Price Target of $113,000 Sparks Analyst Debate

Some Bitcoin analysts are eyeing a potential price target of $113,000, based on an uncommon bullish butterfly pattern analysis. However, this prediction remains in the realm of speculation, lacking any official confirmation from key players like Bitcoin Core developers or major institutions. 🤔 While the theory gained traction online and sparked discussion amongst traders, it’s important to note that no formal comments have been issued by influential figures like Michael Saylor or Arthur Hayes about this specific target. The lack of clear statements from prominent industry figures adds to the uncertainty surrounding the prediction.