"Bitcoin FOMO Rally: Predictions for Record Highs and $600K Price by 2026"

1 min read
Source: Decrypt
"Bitcoin FOMO Rally: Predictions for Record Highs and $600K Price by 2026"
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TL;DR Summary

Analysts at AllianceBernstein predict that the approval of spot Bitcoin ETFs could lead to a "FOMO rally" and potentially push Bitcoin to a new all-time high this year. They anticipate increased demand and a supply crunch due to the upcoming Bitcoin halving, leading to potential gains driven by retail investor interest. Three spot ETFs have already accumulated over $1 billion in assets, contributing to an 8.5% rise in Bitcoin's price since the start of the year.

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