Bitcoin Breaks Out of Range, Analysts Target $315K Peak

• Bitcoin hits $111K, breaking weeks of sideways price action.
• Analyst sees BTC reaching $300K–$315K by early 2026.
• Institutions, not retail, are leading this current bull cycle.

Bitcoin (BTC) shattered its previous records, reaching a new all-time high (ATH) of $111,861.22 earlier today. This decisive move saw the world’s largest cryptocurrency break free after being stuck for weeks in a tight trading range between $104,000 and $107,800, igniting a fresh wave of bullish momentum.

As the market digests this new peak, former tech CEO Mike Alfred has shared some bold predictions for where Bitcoin might be heading next, suggesting this rally has significant legs, largely thanks to a different breed of investor this time around.

Mike Alfred’s Bullish Case: Bitcoin on Track for $200K-$315K

In a recent interview, Mike Alfred laid out his ambitious targets for Bitcoin. “We’re on track for $200,000 to $315,000 soon,” Alfred said, reminding everyone that he’s been publicly targeting those numbers since Bitcoin was trading between $16,000 and $20,000 during the last market bottom.

According to the expert, unlike previous crypto cycles, which were hea…

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