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U.Today - In a recent market analysis, renowned trader and financial market analyst Henrik Zeberg has set the crypto community abuzz with his new epic price prediction. According to Zeberg, Bitcoin has embarked on a trajectory that could see it soar to $120,000.

Known for his accurate forecasts, the expert draws parallels between current market conditions and previous instances in 2017 and 2020, highlighting a striking resemblance in the current correction phase. With an optimistic tone, he speculates that history will repeat itself in 2024, anticipating a bullish surge in Bitcoin's value.

Backing his prediction with a detailed Bitcoin price chart, Zeberg illustrates the patterns and key levels supporting his optimistic outlook. The chart serves as a visual representation of the trader's analysis, providing a comprehensive overview of a potential upward trajectory for the leading cryptocurrency.

Source: Negentropic

In an unexpected twist, Zeberg foresees a period where altcoins could outshine BTC on the market. Anticipating an altcoin season, he suggests that the rally led by Bitcoin may be surpassed by altcoins, ushering in a phase of increased bullishness and FOMO.

If history repeats itself, crypto enthusiasts may witness a remarkable surge to $120,000, reshaping the landscape of the market in the coming months.

This article was originally published on U.Today

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BTC to $120,000: Top Trader Henrik Zeberg Shares Epic New Bitcoin Price Prediction By U.Today - Investing.com