- Musk predicts bitcoin price may drop: Tesla CEO Elon Musk predicted on Tuesday that if the dollar inflation issue is resolved, the prices of cryptocurrencies such as bitcoin and dogecoin may decline.
- Wall Street investment firm predicts bitcoin trend: Bernstein, in a recently released report, predicted that the price of bitcoin, the largest cryptocurrency by market cap, will continue its 'super bull market curve' this year, forecasting that bitcoin will see a triple-digit increase again in 2025, reaching the historical milestone of $200,000.
- Michael Novogratz warns of market risks: American billionaire and renowned cryptocurrency investor Michael Novogratz recently stated that bitcoin is bound to break through the $100,000 mark, but may then pull back by as much as 20%. He believes that the leverage in the cryptocurrency community has reached its limit, and therefore a correction will occur, with leveraged stocks and ETFs also facing troubles. Investors should be wary of potential risks such as market volatility and regulatory uncertainty and take appropriate risk management measures.
