Analyst Predicts Bitcoin Surge Post-Mercury Retrograde, Sees $140K Peak

Crypto analyst Crypto Waterman predicts a significant surge in Bitcoin prices starting December 5, following a period of volatility between November 28 and December 5. This prediction is based on the end of Mercury retrograde. The expected rise will last until December 18, potentially pushing BTC to $100,000-$110,000, followed by a dip to $90,000-$100,000 from December 18 to January 6.

Waterman anticipates a new all-time high for Bitcoin between $140,000 and $145,000 from December 6 to mid-February.
Altcoins are also expected to rally during this period, with a potential altseason between January and February.
He plans to exit most investments by mid-February or early March.

Contrarily, another analyst, Colin, believes it’s too early to predict a new ATH for Bitcoin, despite a recent rebound from $81,000. He suggests that Bitcoin needs to surpass key levels before a new ATH can be considered likely.

Colin expects Bitcoin to reach $100,000 but cautions against assuming this indicates a new ATH.

Currently, Bitcoin trades at approximately $87,500, showing a 2% increase in the last 24 hours.

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