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Bitwise anticipates Bitcoin could surpass $100,000 by year-end, while LO:TECH maintains a cautious stance, believing macroeconomic headwinds will cap its gains.
Ryan Rasmussen, research director at crypto asset management firm Bitwise, stated that Bitcoin is poised to return above $100,000 by year-end, driven by institutional adoption and demand for hard assets. However, Adam Morgan McCarthy, research director at London-based crypto trading and market data firm LO:TECH, was more cautious, anticipating Bitcoin to trade within the $85,000 to $95,000 range until year-end, citing persistent pressure from macroeconomic factors such as inflation and high interest rates.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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