Posted 2/21/2024, 9:55:00 PM
Bitcoin Price Could Hit $150K in 2023 But Faces Short-Term Volatility: Analysts
- Bitcoin could reach $150K this year fueled by ETFs, halving, Fed rate cuts - Tom Lee
- Bitcoin rally stalled below $53K recently, may cool off for a while - other analysts
- Demand improving with new ETFs, supply shrinking from halving, supportive if rates ease - Lee
- Bitcoin holding up well, Lee doesn't expect a drawdown soon
- Short term volatility likely due to shifting central bank policies, global weakness - strategists