Bitcoin's Price Stuck in Range, Bullish Signals Emerge
Update: 2025-12-31
Description
Bitcoins 2023 Outlook: A Rollercoaster Ride AheadAs the year draws to a close, Bitcoin is experiencing its third consecutive month of losses, currently hovering around $88,000 after reaching record highs and a subsequent hard crash. This marks a rare occurrence, happening only fifteen times in Bitcoins history, with the price remaining stagnant for weeks. However, researchers at TenX Research suggest that technical signs indicate a potential shift from bearish to bullish as early as January. Strategists like Sean Farrell from Fundstrat anticipate fresh flows into Bitcoin exchange-traded funds next month, which could ignite a bullish rally. Despite these optimistic projections, outlooks for 2026 remain cautious, with some predicting prices to remain between $80,000 and $100,000 in early 2026, while others, like Standard Chartered, target $150,000 by the end of the year. Checkout Solipillow.com
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
1.0x
