Analyst: Bitcoin is expected to hit a new high by the end of this quarter

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ODAILY
02-01
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Odaily reports that Swyftx chief analyst Pav Hundal says the current bearish sentiment is very tense, and the macro environment favorable to cryptocurrencies indicates that Bitcoin is expected to hit a new high by the end of this quarter. BitMEX co-founder Arthur Hayes previously predicted that Bitcoin could fall to the $70,000 to $75,000 range, and if this happens, it could trigger a "mini-financial crisis". However, Derive research director Dr. Sean Dawson recently said the likelihood of Bitcoin falling to $75,000 in the first quarter is less than 10%. (Cointelegraph)

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