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On the morning of Monday, November 11, quotes of the first cryptocurrency updated an all-time high at $81,800.
CryptoQuant CEO Ki Yun Ju warned that bitcoin could end the year at just under $59,000, citing the situation in derivatives
Collective Shift CEO Ben Simpson spoke to Cointelegraph and called it "extremely unlikely" that the price of the first cryptocurrency would roll back to $58,000.
The expert noted that in previous cycles, corrections of 20-30% were a common phenomenon, but the slow growth was so "exciting" that so far the pullback was only 5-6%.
Earlier, Fundstrat co-founder Tom Lee predicted bitcoin at $100,000 by the end of 2024.
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