Bitcoin Could Reach $200K by July: Expert Analysis

Bitcoin's triangular consolidation has ended with a bullish breakout, prompting technical analysts at 10x Research to predict a potential rally to $80,000. The breakout follows a stronger-than-expected U.S. jobs report, signaling economic resilience and spurring risk-taking across financial markets. Analysts suggest that buying at $69,280 and setting a stop loss at $65,000 may be appropriate, with the upside target of $80,000 representing at least a 10% rise from the current price of $72,300.