There is enough conversation about Bitcoin being in a “supercycle” doing the rounds in crypto circles. Therefore, despite the recent steep correction, analysts see those gaps closing by year-end. So much so that the anticipation goes beyond the $100k mark that was pegged earlier.
However, Into The Cryptoverse CEO Benjamin Cowen, in a recent interview with Blockworks, expressed nervousness about those price levels. He said,
“Is a trend sustainable if we go up to $150k next month? I don’t think so.
Read more on ambcrypto.com