Analyst: Bitcoin will soon reach 150,000 US dollars
According to data from the London Stock Exchange Group, Bitcoin fell in light holiday trading after failing to maintain its recent rise above $100,000. The recent rise of Bitcoin was driven by the prospect of a more friendly cryptocurrency policy under US President-elect Trump. Although the upward momentum of Bitcoin has stalled, its value has more than doubled so far this year and some analysts predict it will soon reach $150,000.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Matrixport-linked whale opens a new 20x leveraged long position with 400 BTC
Matrixport's affiliated address is 20x long 400 BTC, while also holding a long position of 120,000 ETH.
New York court dismisses class action lawsuit against Uniswap, granting legal protection to decentralized protocols