Bitcoin's Future: Is $135,000 Possible? What Do Experts Say?
Some crypto market experts share similar bullish predictions for the Bitcoin price. Experienced crypto trader Peter Brandt sparked a significant debate in the crypto market by predicting that $BTC could rise to $135,000.
Another expert, Bitwise CIO Matt Hougan, stated that #BTCâ could reach $80,000 in the ongoing quarter. This prediction is driven by factors such as the upcoming US Presidential elections, Fed rate cuts, and other potential bullish supports.
In addition, CryptoQuant, citing popular analyst Burak Kesmeci, stated that BTC needs to break the $64.5 thousand mark in the short term to make more gains. Kesmeci also warned that Bitcoin could accelerate its downward trend if it falls to $61.6,000.
At the time of writing, the BTC price fell by 2.3% to $60,975, while trading volume increased by 1.6% to $27.71 billion. The cryptocurrency showed the volatility of the market by reaching a 24-hour high of $62,407.46 and a low of $60,314.22.
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