$BTC

Is $150,000 possible?

Earlier this week, Bloomberg analyst Eric Balchunas did not rule out that Bitcoin could hit $150,000 this year. This could trigger a new wave of institutional interest that would quickly allow BlackRock's IBIT to surpass Satoshi as the leading Bitcoin holder. Fundstrat's Tom Lee recently opined that the $150,000 price target is actually too conservative for the leading cryptocurrency. Standard Chartered has repeatedly predicted that Bitcoin could surge all the way to $200,000 this year. Bitcoin is currently up by 17% on a year-to-date basis.

Read more on U.Today https://u.today/breaking-bitcoin-hits-new-all-time-high-is-150k-possible?utm_source=CryptoNews&utm_medium=app