Crypto analyst George Tung from CryptosRus believes that Bitcoin is on the verge of hitting a new all-time high. He highlights several key signals pointing toward a bullish breakout, such as Bitcoin consolidating around the $67,500 mark and recently breaking through $66,000. Tung predicts that Bitcoin could easily break through $73,000 soon and potentially reach $100,000 by the end of the year.
He attributes this optimistic outlook to the surge in whale transactions, large institutional inflows, and the supply-demand dynamics of the market.