Bernstein: Bitcoin will remain in a range (50,000 to 60,000) and break upward
Bernstein analysts from brokerage firm predict that Bitcoin will maintain its range volatility (between 50,000 to 60,000) and break through upwards, continuing its upward adoption trajectory, as Bitcoin ETF sees allocation from RIA, wealth platforms, and other institutional funds.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The yen approaches 160 again, UBS warns: After short-sellers are "washed out", the shorting window reopens
After the Bank of Japan raised interest rates, the yen fell instead of rising, with the 160 threshold under threat. UBS believes that the net long positions of hedge funds are not a bullish signal, but rather a prelude to rebuilding short positions after clearing out previous shorts. Whether Besant's "strong yen" commitment can be fulfilled depends on whether the United States will intervene again. If the exchange rate drops below 160, a joint intervention by Japan and the US may be triggered, but the potential bargaining chip for the US intervention could be demanding that Japan demonstrate a more aggressive willingness to raise rates.
Altcoin NEAR Approaches Its First Major Weekly Decision Pivot at $4.7, Can NEAR Price Continue to Pump?
Meta: Can Muse Turn AI Into Its Next Profit Engine?
Crypto prices
More
