Fox News Says Bitcoin Ready to Hit $140,000 ATH as Whales Show More Interest in Longs for Both BTC and Altcoins

• Fox News says Bitcoin ready to hit $140,000 ATH next.
• Whales show more interest in longs than retail traders for both ETH and altcoins.
• Analysts share multiple bullish indicators from BTC price chart.

The crypto market is excited to see that Bitcoin just set a new ATH on Binance at $112,000, with Ethereum showing strong signs of following suit with a huge pump of its own. For news says Bitcoin ready to hit $140,000 ATH as whales show more interest in longs over retail traders for both BTC and altcoins. Analysts draw many other bullish signs for BTC to pump in the coming days ahead. 

Fox News Says Bitcoin Ready to Hit $140,000 ATH 

Bitcoin just hit a new ATH of $112,000 on Binance, beating its previous ATH set in the $111,900 price range. Amid the bullish sentiment flooding the crypto community, several analysts have shared that the next main bull pump targets for the pioneer crypto asset to hit in the coming weeks ahead lie between $135,000 and $137,000. Meanwhile, Fox News says Bitcoin ready to hit $140,000 ATH next. 

As we can see from the post above, the two individuals discussing Bitcoin (BTC) start by stating that Bitcoin could hit $140,000 as the next main bull target. As to how it’s possible, the expert says that the BTC price chart is coiled like a spring, and confirms that the asset has consolidated steadily within a well-defined trading channel. He also draws comparisons between other stocks that performed well with similar patterns. 

The expert says that he isn’t overselling Bitcoin’s potential, but the signals and bullish indicators are certain. He says BTC has broken out past the $110,000 price target and will soon begin to surge in price, undeniably. Now, he expects upsides for the pioneer crypto starting with a breakout from the resistance level $110,000, complete, leading to BTC price heading to $140,000 first and then towards $170,000.  

Whales Show More Interest in Longs 

The sudden pump in BTC price led to almost $200 million being wiped out in BTC short liquidation in under an hour. Leading to no surprise that BTC whales are showing more interest in setting up long trades. Presently, BTC whales are showing more interest in long trades than retail traders, showing more faith and conviction for the pioneer crypto asset, driving expectations for a greater price pump soon. 

Finally, another reputed crypto entity confirms that the BTC price pump i’s not over until it’s over. As we can see in the post above, the analyst states that this has been the longest time between phases 3 and 4 of the Puell Multiple that we’ve seen, but the reality is that there has been no phase 4 yet, and that the phases overall couldn’t look more on track, meaning that a greater price pump for BTC is on the horizon.