Bitcoin is repeating previous cycles, preparing for a big price increase

Can Bitcoin Hit 6 Figures?
Cryptocurrency analyst Ali Martinez predicts  Bitcoin (BTC)  is repeating previous bull cycles, opening up the possibility of hitting  $150,000  in the short term.

He noted that after surpassing the old all-time high, BTC consolidated its price for a week – similar to the market behavior in  2017  and  2020 .

Martinez predicts Bitcoin could rise another  50%  from its current price before a correction of around  30% .

Ethereum Holds $3,000
For  Ethereum (ETH) , Martinez sees the  $3,000 price zone  as a strong support level, with over  2.82 million addresses  having purchased a total of  6.14 million ETH  around this level.

He predicts this could be the springboard for ETH to enter a new bull run.

ETH is currently trading at  $3,093 , down  1.9%  over  the last 24 hours .