Analysis: Since July this year, Bitcoin has surpassed $120,000 three times and may reach $145,000 early next year.

ChainCatcher reported that Ledn Chief Investment Officer John Glover released data showing that since July this year, bitcoin has broken through $120,000 three times. Although the previous two surges quickly reversed and formed an inverted V-shaped trend, this time the situation may be different. If bitcoin achieves a true breakout above the key resistance level of $125,000, it is expected that bitcoin could reach $145,000 by the end of this year or sometime early next year.