BTCUSDT Analysis by @AltcoinDaily

The primary point presented is not a structured technical analysis, but rather the expression of a bullish sentiment towards Bitcoin. No specific technical indicators, chart patterns or trendlines are analyzed. The bullish position is supported by discussing Bitcoin’s limited availability, the increase in corporate and institutional ownership (mentioning GameStop and Truth Social and its treasury), the high hashrate, the fact that most people want to hold it, the ease of using it, and a belief that US regulators will help. A final target price of $170,000 by 2025 is given based on these market forces.