Bitcoin (BTC) is trading around $67,000 after finding support at $66,000. AI models now set a bullish year-end target of $78,900, driven by strong institutional demand, rising derivatives interest, geopolitical tensions, and key regulatory updates, especially regarding Tether’s USDT.
BlackRock's IBIT ETF has seen a positive inflow streak, underscoring demand for BTC exposure, while open interest in BTC derivatives indicates a 9.58% chance BTC could hit $100,000 by late December. Ongoing geopolitical issues and the U.S. presidential election are expected to add volatility.
Additionally, analysts forecast BTC could reach $80,000–$100,000 in a bullish scenario. While the outlook is positive, regulatory, geopolitical, and political factors mean investors should stay cautious as BTC aims for its year-end target.
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