Bitcoin's price momentum is putting the crypto on track for a 14% rally by year-end, according to a technical analyst. It hovered around $117,000 on Friday.

Bitcoin's bull run continues. The cryptocurrency rose as high as $118,739.86 on Friday, according to CoinDesk data, notching a new intraday high for a third straight day. Bitcoin recently stood a little lower,

Bitcoin climbed to new all-time high on Thursday, building on its previous record reached just a day earlier, as investors jumped into risk assets and liquidated short positions