Analyst: Bitcoin may soar to $120,000 in Q1 next year
2024-12-05 09:02:59
Nigel Green of deVere Group, a financial services consultancy, expects a short-term sell-off in Bitcoin after it breaks through a psychological barrier. "It is natural for some investors to lock in profits after such a large rally in such a short period of time. This sell-off may only be temporary, after which Bitcoin will gain further momentum, surging to $120,000 as early as Quarter 1 next year." Bitcoin's extraordinary performance comes as the market expects Trump 2.0 to create a more favorable regulatory framework for cryptocurrencies. Investors are betting on the US president-elect's pro-cryptocurrency stance. "
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：
分析师：比特币或在明年Q1飙升至12万美元Next article：
Definitive现已集成OKX DEX API
