Bitcoin (BTC) To Hit New All-Time High Of $159,000: Here’s When

Bitcoin (BTC) faced a important terms correction connected Monday, Feb. 3, 2025. The plus fell beneath $93,000. BTC made a betterment successful the aboriginal hours of Tuesday, Feb. 4, 2025. The plus concisely reclaimed the $100,000 but has since fallen to the $98,000 level.

Source: CoinGecko

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Why Is Bitcoin Surging Today?

Source: Watcher Guru

BTC faced a correction connected Monday pursuing President Trump’s tariffs connected Canada and Mexico. Investor sentiment took a monolithic hit. The cryptocurrency marketplace faced important liquidations arsenic a effect of the tariffs.

BTC recovered connected Tuesday aft President Trump paused tariffs for 30 days. The crypto marketplace could marque a betterment if the taxed countries tin present connected President Trump’s demands.

Also Read: Top 3 Cryptocurrencies Predicted To Hit New All-Time Highs Soon

Will The Original Cryptocurrency Hit A New All-Time High?

According to CoinCodex, Bitcoin (BTC) volition surpass its all-time precocious aboriginal this week. The level anticipates the plus to proceed rallying implicit the coming months. CoinCodex predicts BTC to deed a caller highest of $159,923 connected May 5, 2025. Hitting $159,923 from existent terms levels volition entail a rally of astir 61.99%.

Source: CoinCodex

Changelly besides presents a bullish outlook for Bitcoin (BTC). The level anticipates the plus to deed a caller all-time precocious successful February. According to Changelly BTC could deed a imaginable maximum terms of $113,811.27 this month. The level predicts BTC to deed $114,124.99 successful May. Hitting $114,124.99 from existent terms levels volition construe to a rally of astir 15.6%.

Source: Changelly

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There is besides a anticipation that BTC volition look different correction. If the Trump medication brings backmost its tariffs, the cryptocurrency marketplace whitethorn dip erstwhile again. How things unfold implicit the adjacent fewer weeks is yet to beryllium seen.