Bitcoin (BTC) Might Touch $56,000 on BlackRock ETF Trigger
The price forecast for Bitcoin has been a topic of discussion among various experts. Matrixport is one of the market analysts who have given their predictions. However, other experts have also provided their projections. Cathie Wood, the founder and CEO of Ark Invest, has stated that Bitcoin has a best-case scenario of reaching $625,000 in the near future, with the bull case scenario at $1.5 million. Meanwhile, Max Keiser, a top investor, has predicted that Bitcoin could increase to $220,000. The anticipation for the Bitcoin spot ETF to be approved has also grown. Mike Novogratz has stated that the approval could be granted before the end of the year.
