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Over the past several hours, Bitcoin (BTC) has stabilized in the $90,000-$92,000 range. Recall that in the last week, the primary cryptocurrency experienced enhanced volatility, with its price hovering between $78,000 and $95,000.
According to some analysts, pumping to a new all-time high is not out of the question. The popular X user Ali Martinez envisioned a target of $150,000 if BTC reclaims $97,000. He based his assumption on the Pi Cycle Top Indicator, an on-chain metric that identifies potential market tops of the leading digital asset.