Bitcoin Bounces; Analyst Predicts BTC Could Reach $170K at Cycle Peak

Bitcoin has experienced a bearish trend on intraday charts, finding support around 111,000 on the H1 chart after a sharp decline. Recent rebounds at this level suggest a potential short-term bullish correction, while analysts expect the cryptocurrency could reach $170K during the current market cycle peak. Investor Mark Moss, in an interview with AltcoinDaily, forecasted…