Is Bitcoin at $150,000 a Potential Target?
Bitcoin continues its upward phase, approaching a new all-time high. This trend should give pause to those who still express uncertainty, considering that unlike the global stock markets, which are experiencing a sharp decline, Bitcoin has maintained significant value.
Bitcoin is directly aiming for its all-time high; the target that has been on our minds is within reach. What is driving the acceleration is the influx of funds: in the United States, spot exchange-traded funds have increased by $5.3 billion in the past three weeks, while those targeting the downside (hedge funds) have raised 'only' $1.2 billion.
