BITCOIN (BTCUSD): $200k the Ultimate TargetBTC has reached a new all-time high, breaking through a significant historical resistance and closing above it on a monthly chart.
Based on previous bull runs in 2013, 2017, and 2021, there is potential for the current bull run to reach levels around 200k.
It is advisable to consider buying during a retest of the broken horizontal structure, as there is a high likelihood that it will be retested before the rally continues.