Bitcoin traders target $138K BTC price after Coinbase premium hits ‘breakeven point’
Bitcoin's price has risen by 8.5% in 2025, with the crypto market turning bullish ahead of Donald Trump's inauguration. After breaking past $100,000, analysts continue to set new all-time high targets for Bitcoin, with predictions of reaching $138,000 by February. Notably, Bitcoin closed above $100,000 for the first time on December 8, although it has remained at this threshold for only limited periods. The Coinbase premium has recently returned to a neutral position, indicating renewed investor sentiment, particularly among U.S. retail investors. Despite a significant drop in retail transaction volumes since Bitcoin's peak in December, a bullish break has occurred, with key support levels being closely monitored. Analysts suggest that Bitcoin could follow a less volatile path compared to previous cycles, depending on maintaining prices above critical support levels.
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