Fueling an Easier Cross This, coupled with a stabilization | Forum

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guidecrypto bitcoin Apr 28 '23

Fueling an Easier Cross This, coupled with a stabilization of risk assets and speculation that the Federal Reserve will ease monetary tightening further, means the “pathway to the USD 100,000 level is becoming clearer,” Kendrick said. Bitcoin is up 66% since the start of the year — though it has fallen sharply since breaching $30,000 two weeks ago. “We see potential for Bitcoin (BTC) to reach the USD 100,000 level by end-2024, as we believe the much-touted ‘crypto winter’ is finally over,” Kendrick said in the report, titled “Bitcoin — Pathway to the USD 100,000 level.” “The current stress in the traditional banking sector is highly conducive

           

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