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Home ยป Analysts Forecast Approval of Bitcoin ETF and Anticipate Rise in Price

Analysts Forecast Approval of Bitcoin ETF and Anticipate Rise in Price

By adminJun. 20, 2024No Comments1 Min Read
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Analysts Forecast Approval of Bitcoin ETF and Anticipate Rise in Price
Analysts Forecast Approval of Bitcoin ETF and Anticipate Rise in Price
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According to a recent report by Bernstein analysts, the target price for Bitcoin (BTC) by the end of next year has been revised from $150,000 to $200,000. This update comes after the approval of Spot Bitcoin ETFs in January. The analysts’ prediction is based on the assumption that around 7% of BTC’s circulating supply will remain inactive as ETF reserves. To stay up-to-date with the latest technology news, you can access NEWSLINKER. Please note that proper nouns and any images should be retained.

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