Bitcoin’s $100,000 Year-End Outlook Splits Analysts
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Bitwise sees scope for Bitcoin to reclaim $100,000 by year-end, while LO:TECH expects tighter trading amid uncertainty over inflation and interest rates.
Analysts differ on Bitcoin’s prospects for the end of the year, with inflation and the outlook for interest rates complicating expectations, according to CoinDesk.
Bitwise sees a possible move back above $100,000. Its outlook leaves room for Bitcoin to regain that level, rather than treating a return as certain.
LO:TECH anticipates a more limited trading range as uncertainty about interest rates weighs on the market. The contrasting views highlight differing assessments of Bitcoin’s room to advance.
Source: CoinDesk
