**Bitcoin's Year-End Outlook: Analyst Predicts $80K Target**
As Q3 wraps up, Bitcoin's (BTC) chances of hitting six figures by year-end seem slim. Swyftx lead crypto analyst Pav Hundal suggests that while $100K is unlikely, reaching new all-time highs around $75-80K by Christmas is possible.
- **Current Scenario**: Hundal notes that options traders are betting on Bitcoin prices between $90K and $110K by Christmas Eve.
- **Market Data**: Bitcoin's price is currently $63,282, down 3.08% since Sept. 29.
- **Positive Sentiment**: Hundal remains optimistic, citing recent market structure breaks and global easing conditions as factors that could boost liquidity and drive prices up.
In the political arena, U.S. Vice President Kamala Harris has shown support for digital assets, promising to encourage investment in AI and crypto during her presidential campaign. This open-minded stance from both presidential candidates could further bolster the crypto market.
**Disclaimer**: This article is for informational purposes only. Conduct your own research before making any investment decisions.