Bitcoin's price could see a significant rise, potentially reaching up to $122,000 by February, according to predictions by 10x Research's Markus Thielen. This forecast is based on the cryptocurrency's movement in $18,000 blocks. Investors and market watchers may need to brace themselves for this significant potential upward movement.
While optimism around Bitcoin's growth is notable, Thielen also hints at the possibility of 'another consolidation' period, suggesting that even if Bitcoin hits this high, it might not be sustained for long. The coming months could thus be critical for the cryptocurrency's trajectory and market performance.
منبع: cointelegraph.com ↗