Bitcoin price has legs above $100K despite holders booking record profits — Analysis
Thursday, 19 December 2024 () The Bitcoin market has yet to reach the unsustainable euphoria typically observed at the peaks of previous BTC price bull runs.
Bitcoin experienced a significant price drop to $101,000 after reaching a record high of $108,365, driven by profit-taking ahead of a Federal Reserve announcement on interest rates. This volatility follows a 140% year-to-date surge fueled by large investors. Concerns about inflation and slower...
Bitcoin can reach $250,000 next year but hit $150,000 simply by copying 2023 BTC price action, new analysis says. Tom Lee, co-founder and head of research at financial research firm Fundstrat Global..