Cryptocurrency Market Dynamic Update! 🔍
According to ChainCatcher, Copper.co's research director Fadi Aboualfa predicts that by January 20, 2025, the price of Bitcoin could reach $100,000. He noted that this increase is occurring against a backdrop of a weak dollar, unlike the current situation of a strong dollar. 📈
Meanwhile, Bitfinex derivatives director Jag Kooner stated that while predicting Bitcoin prices is challenging, the $100,000 target is not out of reach. He believes that the economy avoiding recession and bullish market momentum limit Bitcoin's downside potential. 📊
Market participants are cautiously optimistic about the future and it is worth keeping an eye on. 🔗