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Fahim π©βπ΅βοΈπΉ
@fahim6730
Analysts at Singapore-based blockchain firm Matrixport believe that Bitcoinβs (BTC) bullish trend could continue beyond 2025 as Wall Street enters the cryptocurrency market. While Bitcoin has typically faced a price correction of at least 70% after three years of strong growth, the approval of a Bitcoin exchange-traded fund (ETF) in 2024 has attracted more institutional investors to the market. According to the analysts, institutional investors are not only holding Bitcoin for longer periods of time, but are also likely to continue to allocate significant capital to Bitcoin for years to come, with confidence in clearer regulations. They have predicted price targets of $157,000 and even $315,000 for Bitcoin, citing a logarithmic chart.
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Mr.Ghost π
@roholamindalijeh
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$DEGEN Tip Bot
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