Technical Indicator Hints at BTC Doubling to $140K in 3 Months

The crypto market is currently buzzing with optimism, fueled by predictions of massive growth in Bitcoin's value in the coming months.

Pseudonymous analyst TechDev predicts that BTC’s value could double to around $140,000 in the next three months, as BTC closed two consecutive months above the upper Bollinger Band, a trend that in the past caused the price of the crypto to double in the three months that followed. Dylan LeClair, a senior analyst at UTXO Management, is optimistic about Bitcoin's future, suggesting it is unlikely to drop below $50K any time soon. The CEO of SkyBridge Capital is also bullish on the crypto king and predicts that Bitcoin could hit $170,000 during its current cycle.