Bitcoin at the Crossroads: Towards 150,000 $ or Back to 80,000 $ ? What the Market Has in Store for Us Until the New Year

in #hive-152804 • 5 days ago

Bitcoin at the Crossroads: Towards 150,000 $ or Back to 80,000 $? What the Market Has in Store for Us Until the New Year

Bitcoin is impressing again, hitting new all-time highs and fueling speculation about its near future. With only a few days left until the end of the year, the question dominating the discussions is whether we will see a spectacular rise to 150,000 $ or whether the market will suffer a severe correction towards 80,000 $.

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Increased demand from financial institutions, enthusiasm from retail investors, and global adoption provide a solid foundation for optimists. In contrast, cryptocurrency's natural volatility and macroeconomic uncertainties could bring unexpected challenges. Whether we are witnessing a new era of prosperity or a sudden decline, Bitcoin continues to captivate the financial world, being the ultimate symbol of innovation and risk.

Do you think Bitcoin will break above the 150,000 $ mark by the end of the year, or will it see a significant correction towards 80,000 $ ?

#archivestokens #crypto #bitcoin #neoxian #proofofbrain #waivio #cent #alive #palnet #ctp
5 days ago in #hive-152804 by
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     5 days ago 

    I would like to know 😀😆

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     5 days ago 

    150 I dobt think Till end of year, but about 130k

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     5 days ago 

    The 130,000 $ threshold does not seem unattainable at all, especially if demand continues to outstrip supply. Look, I recommend looking at the link next to https://bitcointreasuries.net/

    The list on Bitcoin Treasuries highlights not only governments but also major corporations and financial institutions that hold impressive amounts of Bitcoin. Companies like MicroStrategy and Tesla, along with funds like Grayscale, are making a massive contribution to solidifying Bitcoin as a long-term trusted asset. Some screenshots of that list

    Captură de ecran 2024-12-17 224502.png

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    Captură de ecran 2024-12-17 224556.png

    When you add this growing institutional interest to government accumulations and the limited supply of just 21 million BTC, the scenario of a spectacular price increase becomes increasingly plausible. Additionally, with a possible Bitcoin ETF and ever-expanding global adoption, the market is likely to enter a phase of FOMO that pushes the price to new all-time highs.