As Bitcoin remains below its recent peak of $73,000, the crypto community is keenly watching its next move. Cryptocurrency analyst Javon Marks has made a bold prediction, suggesting that Bitcoin will soon surpass $100,000 and could even reach $116,652. Marks bases his optimistic forecast on a combination of bullish signals and favorable market conditions.

Marks points out that Bitcoin's current price is holding above a critical level of $67,559, which supports his target of $116,652. He notes that this would require a 66.33% increase from its current value. Additionally, Marks highlights that Bitcoin has confirmed another Hidden Bullish Divergence, a pattern that previously led to a nearly 200% price increase. This could indicate that the market is gearing up for significant strength.

Other analysts, like Titan of Crypto, also predict Bitcoin will exceed $100,000 in the near future, with some expecting it to reach $111,000 or higher in this bull cycle. As of now, Bitcoin is trading at $67,761, showing a 1% increase in the last 24 hours, with a slight drop in trading volume but a small rise in market cap.