CandleFocus Top Analysts Said "$100,000 in Bitcoin is Coming" and Explained Their Reasons!
2024-11-07
Author: Content Editor
After Donald Trump's victory as the new president of the United States, analysts are predicting that the price of Bitcoin (BTC) could surpass $100,000. Bitget Research's chief analyst, Ryan Lee, believes that Trump's victory, combined with a favorable market environment and the increasing market capitalization of stablecoins, could lead to a rally in Bitcoin within three months. Lee also notes that institutional investors' interest in crypto, as demonstrated by inflows into spot Bitcoin ETFs and long positions, will further support the rally. Matrixport analysts also share the expectation of Bitcoin reaching $100,000 due to positive regulatory changes and global adoption.
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