<ul><li>Bitcoin's surge has led to the liquidation of nearly $700 million in leveraged positions, mostly affecting long positions.</li><li>Veteran trader Peter Brandt predicts that Bitcoin could reach $125,000 by the end of the year based on Bayesian probability analysis.</li><li>Bitcoin has entered a new price discovery phase after surpassing $80,000, with multiple analysts setting ambitious price targets ranging from $100,000 to $150,000.</li><li>Analysts warn of a potential short-term correction around $84,000 to $85,000, but overall bullish indicators and strong market metrics support the projection of higher Bitcoin prices.</li></ul>

Bitcoin Price To Hit $125,000 This Year, Supported by Bayesian Analysis

Discover more