Institution: Bitcoin may soon resume its rise, with a target at the $100,000 mark
2024-11-25 09:11:42
Bitcoin prices edged lower. The rally sparked by Trump's victory in the US Presidential Election has paused and has not broken the $100,000 mark. However, Kathleen Brooks of XTB released a research note saying that bitcoin may soon resume its rise. "We still think bitcoin will rise above the $100,000 mark in the next few days and weeks, but there may be volatility before it reaches this critical level," she said. There are a number of put options around $98,000-99,000 that bet on bitcoin to fall. These options could "trip up investors who want bitcoin prices to rush towards the $100,000 mark quickly".
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
机构：比特币可能很快就会恢复上涨 目标上看100,000美元大关Next article：
AAVE突破180美元
