Galaxy analyst: The current consolidation of Bitcoin is a healthy market performance, and it may reach $100,000 in a few weeks

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ODAILY
2 days ago
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Odaily Odaily Galaxy Research Director Alex Thorn said that the cryptocurrency market's pullback on Thursday was "expected." He said: "A certain degree of consolidation below the new $93,000 historical high is a healthy performance of the market, which can clear the recent leverage and create a more stable foundation for the next upward move. Therefore, it is very likely to reach $100,000 by the end of 2024-or we may even see this milestone in a few weeks." (Blockworks)

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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