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The round, led by Allianz X, Allianz’s Group strategic investment arm, seeks 
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Argentine Neobank Uala Raises $195 Million to Bankroll Latin American Expansion

Bitcoin’s initial break above the 6-figure price point back in 2024, and then 
the eventual move to an all-time high of $126,000, has fueled the expectations 
of higher price points. Even now, as the price continues to trend below 
$100,000, it has done little to erase the bullish momentum surrounding the 
cryptocurrency, especially in the long term. As a result, predictions continue 
to come out that the Bitcoin price will eventually trade at 6-figures again, 
and eventually, new all-time highs. Mapping The Bitcoin Price Recovery In a 
post on the TradingView website, Setupsfx points out an interesting thing 
about the Bitcoin price chart and why this is bullish for the digital asset. 
After the Bitcoin price reclaimed $70,000 earlier in the week, it set the tone 
for another recovery trend, and the analyst suggests that this means that the 
price can still climb to $200,000. Related Reading: Pundit Says XRP Price At 
$100 Is Not Insane If You Understand This The analysis highlights that, unlike 
before, the break above $72,000 came with strong bullish volume. What this 
simply means is that there is a lot of demand right now for the 
cryptocurrency, and that is what is driving the current uptrend. If this 
holds, then the price is likely to continue upward rather than experience 
another crash. Following the current trend, the analysis sets the first major 
Bitcoin target at the $104,000 level. This is important because there is a 
liquidity void sitting in this area. This means that there could be a stop to 
the uptrend at this level, being a major point of resistance. However, all 
hope is not lost at this point because it simply shows how important it is to 
break this resistance. Once this breaks, it sets the cryptocurrency on the 
path to the next major target, which lies at $124,000. Reaching $124,000 would 
be momentous for the Bitcoin price as this is just below its current all-time 
high levels. Related Reading: Dogecoin Morning Doji Star Shows Bullish 
Reversal That Will Send Price To $0.8 The final target for this analysis 
actually lies at the $134,000 level, which could deem the uptrend complete. As 
for the rally to $200,000, the analyst explains that this is still possible, 
despite many saying that it is unrealistic. Mainly, the $200,000 target is set 
for the long-term view of the cryptocurrency. Featured image from Dall.E, 
chart from TradingView.com

Cryptocurrency price in ILS