Markets· ★★★· bullish·

Bitwise sees bitcoin above $100,000 by year-end

  • —Bitwise expects bitcoin to exceed $100,000 within about two months
  • —Drivers cited: ETF inflows, corporate buying and inflation
  • —LO:TECH forecasts a $85,000–95,000 range by year-end
  • —Risks include a possible Fed rate hike and US midterms
Why it matters: The forecast gives traders a target, but the wide gap between estimates reflects uncertainty over the Fed's next move.
Source: BitNovosti