BRN analyst Valentin Fournier said in a statement that he expects this upward momentum in Bitcoin to continue and that he believes that Bitcoin will not reach $100,000 before the end of the year, but rather surpass it.
“These increases confirm our thesis of an accumulation phase before the year-end explosion.
If this momentum continues, Bitcoin prices could reach $120,000 before 2025, driven by its solid performance since the US presidential election and increasing retail interest in its long-term potential.”
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