Bitcoin established a yearly-high price last Thursday when it rose to $25,270. The latest rally reflects a surge of 18.25% from the local low of $21,376 set after an initial rally in January 2023. At $25,270, Bitcoin reached its highest price in the past eight months. In a market rally that took many by surprise, The post Bitcoin May Head Toward $56,000 After Consolidation: Analyst appeared first on Coin Edition .