Bitcoin price is still hovering around the psychological level of USD 90,000. The world’s largest crypto asset seems to lack a clear direction, with price movements being held back by the resistance area in the USD 94,000 range that has formed since the end of November. According to Conmarketcap, Bitcoin is still at USD 90,617, up slightly by 0.35% in the last 24 hours. Despite the sideways movement, optimism about Bitcoin’s prospects remains high.
One of the optimistic views comes from analyst Fundstrat Global Advisors, Tom Lee. He believes that Bitcoin still has a strong chance of rallying until the end of January, driven by improving liquidity, increased institutional participation, and clearer regulations. “Bitcoin still has the potential to reach USD 180,000 in the next 21 days,” said Tom Lee, as quoted from his social media post.
Lee also pointed out that the increasing use of Bitcoin ETF products is a crucial catalyst driving mainstream adoption, rather than just speculative activity. It is important for readers to note that any investment decision lies in their hands and should be carefully studied and analyzed before buying and selling Crypto. Liputan6.com is not responsible for the profits and losses resulting from investment decisions.
