Interview with Macro Analyst Luxon: Bitcoin’s target is 100,000 US dollars, ETH ETF has little chance of passing
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In this podcast episode, Wublockchain editor-in-chief Colin and independent macro analyst Luxon discussed the Bitcoin price breaking historical highs. Bitcoin reached the historical high of $69,000 on November 10, 2021, again on Tuesday at 23:04 this week, marking a new high after 846 days. Luxon believes that it is normal for the American asset management industry to invest 3% in Bitcoin, therefore, Bitcoin could rise to $100,000 in the second half of the year, and possibly reach $70,000 in the first quarter; he thinks that the Federal Reserve’s interest rate cuts will have to wait until the second half of the year, and the prospects for an Ethereum spot ETF are not very optimistic, therefore it might be a bullish market solely for Bitcoin.
Interview with Macro Analyst Luxon: Bitcoin’s target is 100,000 US dollars, ETH ETF has little chance of passing
Interview with Macro Analyst Luxon: Bitcoin’s…
Interview with Macro Analyst Luxon: Bitcoin’s target is 100,000 US dollars, ETH ETF has little chance of passing
In this podcast episode, Wublockchain editor-in-chief Colin and independent macro analyst Luxon discussed the Bitcoin price breaking historical highs. Bitcoin reached the historical high of $69,000 on November 10, 2021, again on Tuesday at 23:04 this week, marking a new high after 846 days. Luxon believes that it is normal for the American asset management industry to invest 3% in Bitcoin, therefore, Bitcoin could rise to $100,000 in the second half of the year, and possibly reach $70,000 in the first quarter; he thinks that the Federal Reserve’s interest rate cuts will have to wait until the second half of the year, and the prospects for an Ethereum spot ETF are not very optimistic, therefore it might be a bullish market solely for Bitcoin.