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Is the "rally of bitcoin" far from over? Wall Street analysts predict it will rise to $0.225 million within two years!
① Mark Palmer, a senior analyst at the New York investment bank The Benchmark Company, expects that bitcoin will rise to 0.225 million dollars by the end of 2026, an increase of approximately 133.5% from current levels; ② Palmer believes that institutional investors' interest in bitcoin will continue to grow in the coming years.
Latest cryptos news | Bitcoin stabilizes at a high of $96,000; hot money inflow! The usa bitcoin etf sets a new monthly inflow record.
According to Bloomberg, as of now, the usa has seen a net inflow of 6.2 billion dollars for 12 bitcoin spot etfs this month, surpassing the previous peak of 6 billion dollars set in February.
Hot money is pouring in! The bitcoin ETF in the USA is expected to set a monthly record for fund inflow.
Due to Trump's support for cryptos, bitcoin, as a digital currency, has historically reached 99,588 dollars per coin, with 12 usa spot bitcoin etfs soon to welcome record monthly net inflows. Bloomberg compiled data shows that as of November, etfs issued by firms such as blackrock and fidelity investments have attracted 6.2 billion dollars in funding. The previous peak inflow of 6 billion dollars was set in February this year, when investors were excited about these products launched at the beginning of the year. A week ago, bitcoin approached the milestone level of 0.1 million dollars for the first time, just about 300 dollars short, due to Trump's commitment to abolish.
Latest crypto news | Optimism spreads! Bitcoin rebounded to $0.097 million at one point; Trump's new government ministerial nominees, more than 5 of them are 'crypto players'.
According to sources, the transition team of the US President-elect Trump has interviewed senior financial regulatory figure and prominent figure in the conservative financial world, Paul Atkins, as a candidate for the chairman of the Securities and Exchange Commission (SEC).
Express News | Hong Kong plans to implement tax reductions on cryptos for private equity and hedge funds.
Express News | Bloomberg: Many analysts predict that BTC may short-term break through 0.1 million US dollars, as the market is in the price discovery stage.
Cryptocurrency supporters have become popular candidates for SEC chairman, with ethereum surging over 10%.
Senior financial regulator and conservative financial figure Atkins has become a popular candidate for SEC chairman; he is a staunch supporter of digital assets and cni xiangmi lake fintech index companies.
Optimistic sentiment reignited! Bitcoin once rebounded to $97,000, continuing to challenge the $100,000 mark.
Bitcoin is once again making a push towards the $0.1 million milestone.
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Latest crypto news | The market in the crypto circle fluctuates significantly, with bitcoin returning to $93,000; analysts say that $0.1 million is a psychologically significant sell-off point, and it is expected that bitcoin will break through $0.1 milli
StanChart's global head of digital assets research, Geoff Kendrick, stated that the recent BTC pullback is mainly influenced by changes in the US Treasury market. He explained that the drop in US Treasury yields has boosted market confidence, potentially temporarily weakening bitcoin's appeal as a hedge tool.
Big bitcoin whales return on November 27? Has the drop in dogecoin and bitcoin stopped?
As these purchasing behaviors gradually increase, bitcoin prices may迎来 a new round of rise in the future.
Express News | 21Shares crypto strategist: $0.1 million is a psychologically significant sell-off point, and bitcoin is expected to break through $0.1 million this year.
Bitcoin is just a step away from 0.1 million; when will it knock on the door again after the pullback?
The six-digit key level is a strong resistance level and a psychological selling point. However, even if the pullback deepens, analysts still expect bitcoin to surpass $0.1 million this year.