Bitcoin's Price Rally Pauses, Analysts Predict Pullback After 25% Surge

1 min read
Source: The Daily Hodl
Bitcoin's Price Rally Pauses, Analysts Predict Pullback After 25% Surge
Photo: The Daily Hodl
TL;DR Summary

Crypto analyst Kaleo predicts that Bitcoin (BTC) will surpass $100,000 in late 2024 or early 2025, shortly after the next halving event expected in April 2024. Kaleo also notes that Bitcoin's price action against the Nasdaq 100 index suggests a potential massive rally for the cryptocurrency. At the time of writing, Bitcoin is trading at $30,676, up 1.3% in the last 24 hours.

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