bitcoin โis poised for significant gains before the year’s end, with analysts predicting a price range between $120,000 and $150,000, contingent on โคmacroeconomic factors and continued investment into exchange-traded โฃfunds (ETFs). The cryptocurrency is currently undergoingโฃ a โperiod of โคconsolidation, but โขexperts believe further Federal Reserve interestโฃ rate cuts could propel it to new heights.
Thes projections come asโค investors closely monitor bitcoin’s performanceโฃ amid fluctuating market conditions. A surge in ETF inflows, coupled with favorable economic policies, could accelerate the upward trend, impacting a broad range of stakeholders from individual investors to institutional funds. Failure of โขthese conditions could see a dip to around $110,000.
Ryan Lee of bitget forecasts bitcoin will targetโ between $123,000 and $150,000 if the Fed implements additionalโข cuts. Enmanuel Cardozo at Brickken anticipates a year-end close above $120,000,โฃ with โขa potential push toward $150,000โ if ETF investments increase.Bitfinex analysts offerโ a base โคcase ofโ $125,000 to $135,000 byโข December, โฃbut caution a downside scenario of $110,000 to $115,000 if macroeconomic conditions worsen orโค ETF flows slow.