Bitcoin briefly touched the $0.09 million mark, traders have set their sights on $0.1 million, how do you see the market going forward?
Recently, the price of bitcoin has continuously hit historical highs, breaking through multiple key levels, with today's peak exceeding $0.09 million. In the near future, many institutions and analysts are bullish on bitcoin. Geoff Kendrick, global head of digital asset research at Standard Chartered Bank, recently stated that after Trump's victory, the price of bitcoin will reach $125,000 by the end of this year, and $200,000 by the end of 2025.
Crazy cryptocurrency market! Analysts are betting that bitcoin will not experience a significant pullback until it reaches $150,000.
①Bitcoin's price has surged nearly 30% in the past seven days, breaking through $89,000 in the past 24 hours; ②Analysts predict that Bitcoin's price will continue to rise due to positive political momentum, social media hype, continued interest rate cuts, and the prospect of becoming a strategic reserve asset for the United States.
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①After Bitcoin reached a high of $90,000 and fell back, analysts pointed out that as the market gradually digests the positive impact of Trump's election on cryptocurrencies, Bitcoin's rise has entered a consolidation phase; ③Although Trump's policies are likely to boost inflation and be bearish for cryptocurrencies, the market sentiment remains positive, with Bitcoin call options still betting on the price breaking through $0.1 million.
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Latest cryptos news | Market sentiment has fallen slightly; analyst: The potential peak of bitcoin price may arrive around late May 2025.
After Trump appointed Musk and biotechnology company founder Vivek Ramaswamy to lead the Department of Government Efficiency (DOGE), dogecoin soared to 42 cents.