Analyst sets date when Bitcoin will hit $175,000

If Bitcoin (BTC) holds current support levels, the asset could be on track to set a new record high of $175,000 before the end of the year, as per historical technical trends.  In this line, a move to $175,000 would represent a nearly 50% rally from the press-time value of $116,529. Bitcoin seven-day price chart. Source: Finbold Regarding the price outlook, according to market analyst TradingShot, this target is supported by Bitcoin completing a bullish cross on its weekly Stochastic Relative Strength Index (RSI), a signal that has historically marked the start of strong upward moves in the ongoing bull cycle source: https://finbold.com/analyst-sets-date-when-bitcoin-will-hit-175000/