Market analyst: Bitcoin price should be above $73,000

Roy Mattox, chief market strategist, expressed surprise that Bitcoin (BTC) did not reach a new price record despite favorable economic conditions. He believes the price of Bitcoin should be above $73,000 by now due to the Federal Reserve's interest rate cuts and geopolitical tensions. Mattocks predicts that the Bitcoin celebration will begin when the price crosses this level and expects to see much higher prices in the first quarter of 2025.