Bitcoin fell below $95,000 on Wednesday after losing nearly 8% in a day. Amid increased volatility, investors have become more cautious.
However, famous entrepreneur Robert Kiyosaki sees this as an opportunity. He calls this dip "good news," allowing for the purchase of Bitcoin at a lower price, emphasizing the strategy of "buy low, hold long." Kiyosaki predicts that Bitcoin could rise to $175,000-$350,000 by 2025.
Bernstein analysts also set a price target of $200,000 for Bitcoin by the end of 2025, as the cryptocurrency industry transitions into the "Infinity Age" phase.
QCP Capital stated that Bitcoin has dropped to the support level of $95,000 due to strong U.S. labor market data. However, they expect this to be just a pause, with bullish prospects ahead. 📈