FundSTRAT: “The next goal of bitcoin is $90 000» – Bits Media

On Wednesday, 20 October, Bitcoin's course updated the historical maximum and reached $66 000. Fundstrat analysts said, that the next goal is BTC - $90 000.

At the moment, the course of the first cryptocurrency has been fixed above $60 000, However, the "bulls" have not yet make significant attempts Break the resistance of the "bears".

Fundstrat analysts noted, that the market is now watching the results of ETF for Bitcoin futures. The launch of the first such ETF from Proshares took place 19 October, And yesterday, Valkyrie launched the second exchange fund for Bitcoin futures.

“The initial goals for bitcoin are in the area $72 500, and then the course should achieve $89 000. And these goals are quite achievable, Given the previous bitcoin peaks ", - Analysts believe.

General Director of the Cryptocurrency Exchange BitMEX Alexander Hoptner (Alexander Hoptner) Also noted, that many analysts expect BTC by $100 000 By the end of this year.

The achievement of the historical maximum Bitcoin was influenced by the expectation of the launch of cryptocurrency ETF in the United States, and an increase in investments of institutional investors. Earlier, JPMorgan Analysts said, that the reason for the growth of the first cryptocurrency is not in ETF, And in the desire of investors to protect against inflationary risks.