Can Bitcoin reach $100,000? Bitwise CEO's reasons:
- ETF funds are re-accelerating inflows;
- The US election is coming;
- The US's unlimited deficit policy (bipartisan consensus);
- China's epic money release;
- Global central banks cut interest rates (Federal Reserve, European Central Bank);
- The Bitcoin halving effect is beginning to emerge;
- Whales are hoarding.
Full text: https://chainalert.me/view/research/7ysbc10bw