#BTCOutlook
“Bitcoin: now in the sky, and after the holidays it might be in a snowdrift!” ❄️💸
News backdrop: “The world is boiling, and Bitcoin is dancing” 🌎🔥
1. BlackRock is pushing its Bitcoin ETF (it's like Bitcoin made it to the elite list on Wall Street). And when big investors come into play, the price usually rises. 💼📊
2. But other news is adding fuel to the fire:
• Some doubt the 21-million limit. This creates a lot of discussions and concerns around Bitcoin. 😬
• The economy in the world is “wobbling,” and for many, Bitcoin is “digital gold.” 🪙
Forecast: “New Year, new heights?” 🎄🎉
Bitcoin is currently outpacing itself, and by the end of the year, it could soar to $120,000. But after the holidays…
🎈💥 As is usually the case, after the fun comes the pullback: investors will want to “cash out” for new iPhones and vacations. 🏖️ So Bitcoin could “land” at $70,000.