🔥🔥🔥 #bitcoin☀️ Set to Rise Beyond $70,000 in 'Coming Weeks,' Experts Say
Bitcoin continues its price surge, trading above $67,345 and heading toward the $70,000 mark. Analysts, including Jonathan de Wet, Chief Investment Officer at Zerocap, expect further gains, citing a technical breakout and optimism around U.S. political developments.
Former President #donaldtrump has pledged to make the U.S. a global crypto hub, while Vice President Kamala Harris promises clear regulatory frameworks. Andy Lian, a blockchain expert, believes Trump's plan for a Bitcoin reserve could lead to favorable regulations, driving investor confidence.
However, risks remain, with concerns over China's economic challenges and geopolitical tensions in the Middle East. Despite these, global monetary policies, including central bank rate cuts, could fuel further demand for Bitcoin.
