ky0123
11-21
$CleanSpark, Inc.(CLSK)$ $Marathon Digital Holdings Inc(MARA)$  $Riot Platforms(RIOT)$  

$Bitfarms Ltd.(BITF)$  

Bitcoin is heading to 100k Not today but surely! 

Its price has been steadily rising this year, fueled by the launch of spot Bitcoin exchange-traded funds (ETFs), interest from U.S. president-elect Donald Trump, and expectations that the Federal Reserve may cut interest rates. A recent surprise shift by a top Fed official toward Bitcoin has also added to the momentum. Traders are now speculating that Trump could make a big move in the crypto space, possibly appointing the first-ever White House "crypto czar." This would raise hopes that Trump might create a U.S. Bitcoin strategic reserve, aligning with his earlier promises to make the U.S. the "crypto capital of the planet." On the Polymarket prediction platform, speculators now believe there's over a 40% chance of this happening, especially after news surfaced of Trump's discussions about the crypto czar position. Trump has also appointed several pro-crypto advisors, including Howard Lutnick, CEO of Cantor Fitzgerald, who has significant investments in Bitcoin, as his Commerce Secretary.

BTC Retraces to $96000: Buy the Dip or Exit Now?
Bitcoin dropped to a low of $96,789, over $10,000 below Tuesday's all-time high, marking a 4% decline. Since the US election on November 5, Bitcoin's price has risen by more than 45%. Zann Kwan, CIO of Revo Digital Family Office, predicts that Bitcoin may retreat to just above the $90,000 level in the short term. ------------ What's your target price for Bitcoin in 2024? Is it good time to buy the dip or exit from Bitcoin?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment