Analysts suggest the next cycle top could be between $130K – $176K.

📊 Key Points:

Bitcoin is trading near $119,600, testing strong resistance around $120K.

Historically, Bitcoin peaks have aligned with Fibonacci levels.

Two possible scenarios ahead:

1️⃣ Peak near $130K if the market shows diminishing returns.

2️⃣ Rally towards $176K if momentum repeats the 2021 cycle.

⚡ Liquidation Risks:

Around $1.5B could be liquidated at $130K.

Nearly $15B could be at risk if price corrects down

BTCUSDT

Perp

79,743.8

+1.30%