CandleFocus Bitcoin May Test $100,000 in Coming Days, Top Analyst Predicts
2025-01-15
Author: Content Editor
Bitcoin analyst and trader Michael van de Poppe predicts that Bitcoin could reach $100,000 in the near future after it recovered by over 7% in the past two days. However, Fundstrat's chief expert Tom Lee believes that Bitcoin could plunge to $70,000 or even $50,000 before rallying again. Despite this, Lee believes that Bitcoin will be one of the best-performing assets this year and could reach $250,000 by the end of 2025. Meanwhile, Bitcoin has recovered to $98,400, spurred by news of the incoming U.S. president's decision to change his approach to trade tariffs and ahead of the release of major inflation indexes. Additionally, MicroStrategy's treasury activities have generated a 1,440 BTC gain, amounting to $138.2 million.
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