Lena_Rose
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Bullish
#شارك_أفكارك_حول_BTC
As autumn approaches, many intertwined risks and opportunities emerge. Macroeconomic developments and the seasonal re-engagement of investors can either extend Bitcoin's momentum or lead investors to take profits. However, we maintain a price target of $180K for Bitcoin by the end of the year.
Bitcoin's recent all-time high came at a timely moment, as 92% of on-chain holdings were already profitable before the momentary spike. Similarly, increased institutional investment kept Bitcoin in good shape, even as Ethereum attracted a lot of institutional flows. It has been claimed that the ongoing commitment of Strategy has encouraged waves of new interest in Bitcoin. This pattern is repeated in several areas of analysis. There is a clear setback, but it is not a serious issue. For example, Bitcoin's dominance on-chain has lost a lot of ground to Ethereum, partly because the use of Ordinals has collapsed.
$BTC
As autumn approaches, many intertwined risks and opportunities emerge. Macroeconomic developments and the seasonal re-engagement of investors can either extend Bitcoin's momentum or lead investors to take profits. However, we maintain a price target of $180K for Bitcoin by the end of the year.
Bitcoin's recent all-time high came at a timely moment, as 92% of on-chain holdings were already profitable before the momentary spike. Similarly, increased institutional investment kept Bitcoin in good shape, even as Ethereum attracted a lot of institutional flows. It has been claimed that the ongoing commitment of Strategy has encouraged waves of new interest in Bitcoin. This pattern is repeated in several areas of analysis. There is a clear setback, but it is not a serious issue. For example, Bitcoin's dominance on-chain has lost a lot of ground to Ethereum, partly because the use of Ordinals has collapsed.
$BTC
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