Bitcoin expected to reach $45,000 in late 2023 by Markus Thielen. $BTC santimentfeed
Chinese cryptocurrency journalist and blogger Colin Wu has shared that Markus Thielen, chief researcher of Matrixport — an all-in-one platform for crypto financial services — believes that reaching the $45,000 level by the end of the year now seems"quite achievable" forAccording to a LinkedIn post published by Markus Thielen, the current position of the BTC price is"exactly where it should be.
Now, Thielen expects"the higher path to $45,000 this year to continue" and says that buying BTC at the"fair value" of $27,000-$27,500 would make sense. He stated that since U.S. 10-year bonds are now trading below the 3.5% level, he assumes that inflation will likely create a major tailwind for risk assets, including flagship digital currency Bitcoin.
Matrixport chief researcher Markus Thielen predicted that the price of Bitcoin may reach around $45,000 by the end of this year, saying that"as the US 10yr bond yield has started to trade below 3.50%, we can assume that inflation will be a big tailwind for risk assets – notably…
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