Bitcoin’s price has often been compared to the performance of gold, leading investors to draw parallels between the two assets. Both markets have experienced cyclical surges and subsequent deep corrections, influencing expectations for future rallies. An analyst is now forecasting that Bitcoin could reach $150,000 by the end of this year if historical correlations with gold persist. This prediction is gaining credibility as gold continues to establish new all-time highs.
Related Posts
All-In on Bitcoin: The High-Stakes Gamble of a Genius with a 276 IQ | US Crypto News
Welcome to the US Crypto News Morning Briefing, your go-to source for today’s key crypto updates. As you sip your…
Attorneys Assert Bitcoin Core v30 CSAM Issues Are Exaggerated: A Closer Look at the Controversy
In recent discussions, advocates of Bitcoin Knots have expressed concerns that an upcoming modification in Bitcoin Core could expose node…
High Probability of the US Establishing a Strategic Bitcoin Reserve in 2023, According to Alex Thorn
According to Alex Thorn, the head of firmwide research at Galaxy Digital, there is a strong possibility that the U.S.…