Is $100,000 Bitcoin Possible? Analyst Breaks Down Major Catalysts
As Bitcoin (BTC) edges closer to the $70,000 mark, the crypto community is abuzz with predictions of a potential surge to $100,000, accompanied by a significant altcoin season. Amidst this fervor, crypto analyst Axel Bitblaze has provided an analysis on X, examining whether the necessary liquidity and catalysts are in place to propel Bitcoin to such heights. Bitblaze emphasizes the fundamental role of liquidity in the crypto market. Drawing parallels to previous bull runs, he notes, “Our space is fully driven by just one thing, i.e., Liquidity.” He references the 2016 and 2020....
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