Bitcoin Set To Break $40,000 Barrier, Says Crypto Expert: ‘It Looks Like It Is Just A Rising Floor’
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Benzinga
Benzinga
Amid a recent surge of optimism within the cryptocurrency sector, pseudonymous crypto trader The Flow Horse has projected a significant rise in the value of Bitcoin (CRYPTO: BTC). What Happened: In a post on X on Friday, the trader shared that the price of Bitcoin is poised for an upward trajectory, particularly with the potential approval of a Bitcoin exchange-traded fund by the Securities and Exchange Commission by Jan. 10, 2024. “Alright, three weeks ago I said $38,000-$40,000 region would end up being the top for a bit. Yeah, sure it was for that time. But now it looks like it is just a ri…