This eclipse-like event is why bitcoin could reach $100,000 by next year, says forecaster with a solid record on the crypto
Stocks are settling in for more choppy action, as investors continue to consider the Federal Reserve minutes and after Nvidia dropped a warning late Wednesday.
But we’re switching away from Wall Street’s tug of war to focus on cryptocurrencies, and a call from the president of macroeconomic research firm Lamoureux & Co., Yves Lamoureux, who has made some prescient predictions on crypto (not to mention equities).
He said the so-called winter for bitcoin BTCUSD, -3.01% is over for now, with a forecast for the No. 1 cryptocurrency to reach $100,000 by later 2023, in a run higher that could last up to 2025.
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