Analysts: Bitcoin to $110K Still on Track, But Could See Dip Below $40K First
Bitcoin (BTC)'s price is on a trajectory to hit $110,000 by 2025 based on technical patterns, according to crypto analysts.
Bitcoin (BTC)'s price is on a trajectory to hit $110,000 by 2025 based on technical patterns, according to crypto analysts.
Last October, Matthew Hougan told an industry panel that he expected spot bitcoin exchange-traded funds (ETFs) to attract $55 billion of assets in their first five years. "Clearly, I wasn't being bullish enough," Hougan, CEO of crypto firm Bitwise Investments, reflected wryly.
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Metaplanet said it was adopting bitcoin as a reserve asset to hedge against the volatility of the yen in May and had accumulated a total of 360 BTC by mid-August.
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