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Is Bitcoin about to go parabolic? BTC price targets include $160K next

Cointelegraph.com NewsKey points:Bitcoin continues to attack a key resistance zone below all-time highs.“Parabolic” BTC price talk begins to resurface as bulls hold six figures after the Wall Street open.Signs of profit-taking are increasing amid the highest prices since January.Bitcoin (BTC) is attracting “parabolic” price targets as bulls continue to hold six figures on May 9.BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewBTC price in… 

​Key points:Bitcoin continues to attack a key resistance zone below all-time highs.“Parabolic” BTC price talk begins to resurface as bulls hold six figures after the Wall Street open.Signs of profit-taking are increasing amid the highest prices since January.Bitcoin (BTC) is attracting “parabolic” price targets as bulls continue to hold six figures on May 9.BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewBTC price in… 

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