u.today
Popular trader and technical analyst Chris Vermeulen has predicted that Bitcoin, one of the leading cryptocurrencies by market cap, could rally to as high as $135,000 in June.
According to Vermeulen, Bitcoin currently shows a very similar pattern compared to late 2024.
"The chart is primed and ready. We are long Bitcoin, and it is ready to have a big pop and move," he said.
Bitcoin is currently changing hands at $109,879, according to CoinGecko data.
The largest cryptocurrency is up by nearly 3% over the past week.