Bitcoin will reach $40,000 – if not even $45,000 – by the year’s end, DeFi Research’s Markus Thielen said. Thielen explained that options market flows and dovish Fed expectations are likely to power the cryptocurrency higher into the year’s end.
Bitcoin’s (BTC) bullish momentum will likely remain intact heading into the end of the year, lifting prices to the $40,000 mark, according to Markus Thielen, research head at crypto services provider Matrixport and founder of analytics portal DeFi Research.
“Bitcoin will reach $40,000 – if not even $45,000 – by the year’s end,” Thielen said in a note shared with CoinDesk, citing
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