Analyst: Holds a bullish attitude towards BTC, predicting the price will reach above 140,000 US dollars.

According to a report from Cointelegraph on June 15, despite Bitcoin's price currently consolidating above 100,000 USD, traders are optimistic about the future price movement of Bitcoin, predicting that this bull run will reach new highs.

Analyst Alan Tardigrade stated that Bitcoin is moving upward in an "ascending broadening wedge" pattern and is expected to reach the level of $170,000. He also pointed out that the "golden cross" signal (the 50-day simple moving average crossing above the 200-day average) that appeared on the daily chart has driven Bitcoin up by 49%, 125%, and 68% each time it has appeared since 2023. Based on this, Bitcoin could reach between $152,000 and $229,000.

Another trader, Merlijn, identified a classic reversal pattern - "inverse head and shoulders," with a breakout target price of over 140,000 USD, currently facing an upward resistance at the neckline level of 113,000 USD.

However, there are also viewpoints that question the real support for the bull run. Saifedean Ammous, the author of "The Bitcoin Standard", reminds corporate buyers that Bitcoin has previously experienced declines of 70% and 80%, and it may happen again in the future.