Analyst: Bitcoin is expected to rise to $225,000 by the end of 2026, an increase of 136% over the next two years
On November 29, Mark Palmer, a senior analyst at The Benchmark Company, an investment bank based in New York, stated that the rebound of Bitcoin is far from over. He believes that the price of this cryptocurrency will more than double in the next few years and predicts that by the end of 2026, the price of Bitcoin will soar to $22.5 million. This means a rise of 136% from its current level; as of press time, this cryptocurrency was trading at approximately $96,000.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The Dow Jones Index closed down 41.31 points, with both the S&P 500 and Nasdaq also declining.
U.S. stocks closed lower with all three major indexes down, while Tesla rose 3.5%
Data: FIS rises over 28%, CTK and others experience a surge followed by a pullback
Analyst: Bitcoin Remains Highly Volatile Between $85,000 and $94,000
Trending news
MoreCrypto prices
More
