Bitcoin moves like 2020 pattern, $135K is the next destination

Bitcoin is about to break the $135,000 mark: Opportunities and risks
Bitcoin (BTC) continues to attract global attention with its strong price increase, leading many experts to expect that this currency can repeat the historic breakout of late 2020.

Bitcoin Price Prediction Roadmap
According to cryptocurrency expert Ali Martinez , Bitcoin's current price trajectory has many similarities to the bull run in December 2020. He predicts that BTC will go through three main phases:

Increased to $108,000 ,
Adjusted to $99,000 ,
And finally peaked at $135,000 .

Martinez emphasized that the Bitcoin market is cyclical, and technical signals like a stable RSI reinforce the possibility that a similar rally could occur.

Bitcoin and impressive numbers
Bitcoin is currently trading around $97,000 , fueled by strong interest from institutional investors and global economic uncertainty.

476,000 daily active addresses , showing significant network growth.
388,000 mentions on social media , reflecting strong community interest.
The MVRV ratio is 2.6 , indicating unrealized profits are increasing but there is still room for growth before peaking.
Bitcoin withdrawals from exchanges are increasing, signaling a strong accumulation trend from investors, reducing available supply and creating conditions for continued price increases.

Challenges to consider
Despite the promising outlook, investors should not ignore the risks:

High volatility and impact from macroeconomic factors can alter the price path.
Competition from other crypto assets could reduce Bitcoin's dominance.
MVRV ratio nears overbought levels, warning of strong correction risk.
The cryptocurrency market is always full of surprises, so investors need to maintain caution and manage risks closely to not miss opportunities but also avoid unnecessary losses.