Bitcoin’s Early Santa Claus Rally? Analyst Predicts $50,000 BTC Next Week, Another Cautions On ‘Overheating’ Price
Published by
Benzinga
Benzinga
Bitcoin (CRYPTO: BTC) has rallied 165% on a year-to-date basis, driven by optimism surrounding a spot Bitcoin ETF approval and macroeconomic factors. With a rally of triple digits for the year, let’s take a look at what popular crypto analysts have to say about the near-term and long-term. Popular crypto analystCrediBULL Crypto is particularly bullish on Bitcoin and on Friday predicted that its price will break above $50,000 “by next week.” On Monday, when BTC broke above $44,000, CrediBull Crypto pointed out that active market buyers did not drive this move up but rather a combo of passive li…