Analyst Su Ge: Bitcoin price may reach $116,000 by the end of July

According to ChainCatcher, as reported by Cointelegraph, cryptocurrency analysts predict that the price of Bitcoin may reach $116,000 by the end of July, primarily driven by three macro factors: continuous capital inflows into the U.S. Bitcoin ETF, uncertainty in Federal Reserve policy, and a continuous 98-day reduction in Bitcoin supply on exchanges. $BTC

10x Research Director Markus Thielen pointed out that Bitcoin is testing the upper limit of the consolidation range, with the current price around $109,000, just a 6.45% increase away from the predicted target.