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Bitcoin’s price hovers near $108,000 but struggles to breach its $111,800 record, fueling market uncertainty. Analyst Doctor Profit predicts a potential surge to $120,000–$150,000, citing bullish indicators. However, short-term volatility and a possible dip to $90,000–$93,000 could precede the rally.
- Bitcoin faces resistance at $111,800, with a potential breakout or dip to $90K–$93K likely before a rally to $120K–$150K.
- Doctor Profit highlights a CME futures gap and high liquidity at $93K as a prime accumulation zone for investors.
- Macroeconomic factors, including M2 money supply and institutional buying, support Bitcoin's long-term bullish outlook.
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