Analyst Predicts Bitcoin Could Reach $40K-$45K by End of Year Due to Options Trading and Potential Fed Rate Cuts
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Bitcoin could reach $40,000 - $45,000 by end of 2022 according to analyst Markus Thielen.
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Thielen cites options market positioning and dovish Fed expectations as potential catalysts.
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Increased demand for call options has left some market makers exposed, potentially fueling more buying.
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Slowing inflation may lead to Fed rate cuts in 2023, which is bullish for crypto.
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Approval of spot BTC ETFs before January 2023 could provide further upside.