Bitcoin analyst James Check believes that $110,000 is now Bitcoin’s new bottom, with a market cap of $2.42 trillion. He suggests that $150,000 could be the next target, representing a $3 trillion market cap. Galaxy Digital’s Alex Thorn projected Bitcoin hitting $150,000 in 2025, with potential to reach $185,000. Check asserts that Bitcoin bulls are in control, with a floor at $95,000.

Check argues that there is no excuse for Bitcoin to drop to $95,000, as market sentiment remains bullish. He warns that if the bulls weaken, it could signal a downturn. Bitcoin is currently trading at $121,392, up 0.80% over the past week. Capriole Investments founder Charles Edwards also sees a move to $150,000 on the horizon.

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1. Bitcoin hits new all-time high of $65,000, driven by increased institutional adoption and positive regulatory developments.

2. Ethereum surpasses $4,000 for the first time, fueled by the growing popularity of decentralized finance (DeFi) applications.

3. Dogecoin experiences a surge in value after Tesla CEO Elon Musk tweets about the cryptocurrency, reaching a market cap of $70 billion.

4. NFT sales reach $2.5 billion in the first half of 2021, with digital art and collectibles gaining traction among investors and creators.: Bitcoiners Can Raise BTC Price Target: Bitcoin Analyst