Is the big bet for Bitcoin approaching? Why $BTC will surpass $110,000?
In an analysis titled "The big bet against retail trading", Miya predicted that the price of Bitcoin would reach $110,000 by the end of the year. At the same time, the expert predicts that the S&P 500 will fall to 4,700. She stated that the stock market is heading towards a bad summer, so she expects a lower minimum in the SPX, but a "pristine" Bitcoin.
Basically, Miya expects the price of Bitcoin to benefit from any possible bearish trend in the stock market, as investors see it as a safe haven. She remarked that the market is heading towards a disastrous macroeconomic situation, which could lead to a stock market crash. These predictions arose when the expert commented on the nine consecutive days of gains that stocks have enjoyed and why she believes they will not last long.
