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Bitcoin price projection

Analysts Question $119K Bitcoin Prediction Tied to Oil Rally, Citing Lack of Correlation and Support

A speculative hypothesis suggests Bitcoin’s price could potentially surge to $119,000 by drawing parallels to historical oil rally patterns. This projection, however, lacks endorsements from significant institutional players and clear historical evidence. Arthur Hayes, among other market observers, has cautioned… Read More »Analysts Question $119K Bitcoin Prediction Tied to Oil Rally, Citing Lack of Correlation and Support

Bitwise Analysts Projected Bitcoin Surpassing $200,000 Amid U.S. Fiscal Instability

Bitwise researchers AndrĂ© Dragosch and Ayush Tripathi projected Bitcoin’s valuation could exceed $200,000 by the end of 2024, citing escalating U.S. fiscal instability as a primary catalyst. The prediction highlighted concerns over the U.S. federal debt and persistent fiscal deficits,… Read More »Bitwise Analysts Projected Bitcoin Surpassing $200,000 Amid U.S. Fiscal Instability