Price Prediction
Bitcoin Could Reach $100,000 by Year-End, Analysts Differ
Bitcoin analysts Bitwise and LO:TECH disagree on whether the asset will reach $100,000 by the end of the year. Bitwise expects a return above $100,000, citing institutional adoption and demand for hard assets. LO:TECH's Adam Morgan McCarthy predicts a trading range of $85,000 to $95,000, attributing the outlook to macroeconomic factors such as inflation and interest rate uncertainty.