CandleFocus Prominent Financial Analyst Talked About Bitcoin Price: “There are Two Scenarios Ahead…”
2024-12-11
Author: Content Editor
Bitcoin's recent surge past $100,000 has sparked discussions about its future trajectory. Finance YouTuber Matt Kohrs suggests that BTC could reach $250,000 in the near-term due to the favorable macroeconomic environment and growing interest in digital assets. Luthold Group's data suggests that riskier assets like Bitcoin and gold are likely to outperform traditional portfolios. Kohrs remains bullish on Bitcoin and advises adopting a dollar-cost averaging strategy. He predicts $250,000 as the next major psychological turning point for Bitcoin, potentially within the next calendar year. Regulatory clarity and a growing cryptocurrency market cap are identified as key catalysts.
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