Analyst: Bitcoin's next target price is $150,000
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Odaily Odaily News: Bitcoin has risen slightly after consolidating from its all-time high recently, but it is still below the key $100,000 mark. Data shows that the cryptocurrency reached an all-time high of $108,379 on December 17. U.S. President-elect Trump's support for cryptocurrencies has boosted the cryptocurrency industry, and its price has been rising since Bitcoin closed at $67,077 on November 5, the day before the presidential election. So far this year, Bitcoin has risen 124%. Some analysts expect Bitcoin's pullback to be short-lived, with the next target price being $150,000. (Jinshi)
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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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