CandleFocus Crypto Strategist Unveils Big Bitcoin Price Target for 2025, Predicts US Dollar Collapse Along the Way
2024-09-18
Author: Content Editor
Crypto strategist Kaleo believes that Bitcoin is ready to enter the next phase of its bull market and predicts that it will reach a price target of around $220,000 by next year. Kaleo's analysis suggests that Bitcoin tends to experience steep rallies after its halving event, and he expects the cryptocurrency to hit new all-time highs by early next month. Additionally, Kaleo suggests that the US dollar index (DXY) has already peaked and will continue to decline, which is generally seen as bullish for risk assets like stocks and crypto.
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