Crypto analyst Minga has predicted that the Bitcoin price could rally past $120,000 to a new all-time high (ATH) of $190,000 in the next bull cycle. Bitcoin is down 3% and ethereum has fallen 4.4% over the last 24 hours after President Trump said the U.S. would hit Iran hard over the next two to three weeks, with the promise of a quick but fierce end to the fighting not enough to assuage crypto traders as uncertainty and geopolitical conflict suppress demand for riskier assets. Not all analysts agree that further drawdowns are over, as Bloomberg Analyst Mike McGlone insists the crypto bubble is over and bitcoin could still revisit $10,000, while others point to quantum-resistant blockchain developments as Bitcoin and Ethereum face 'Q-Day' threats. For context, the all-time high for bitcoin was $126,198.07 on October 6, 2025, while the all-time high for ethereum was $4,953.73 on August 24, 2025.