A generally followed crypto analyst says Bitcoin (BTC) Treasury companies could push the crypto king to a price tag of $ 150,000, possibly even higher.
In a new one strategy sessionPseudonymous Crypto trader Donalt – One of the hosts of the YouTube channel Technicalroundup – tells his 67,000 subscribers that he believes that BTC will eventually break out of his lateral trading range between $ 100,000 and $ 110,000.
Asked about the battle “David versus Goliath” between Bitcoin companies that accumulate and old-school BTC investors who unload, Donalt says that the demand side would eventually prevail, unless something changes in the macro-economic image.
“I think the buyers will probably win. If you get these movements … If something changes drastically on the macro side of things, you will have to adapt fairly quickly.
But unless something changes drastically, I think the buyers will just take control …
Even if they start to lose, they will have a little profit, which in fact means that there is a very good chance that we will break more than $ 110,000 and then maybe run to $ 140,000 or $ 150,000 – something in that reach.
And if it is bearish, it will destroy catastrophically from there, and if it is not bearish, then perhaps go even higher. But I would be very, very shocked if this new trend does not lead to us breaking out. “
Bitcoin Treasury companies are listed listed or private companies that keep BTC on their balance as part of their Treasury Reserve strategy
Some of the best BTC treasure companies in the world include strategy, previously known as micro strategy, health technology company Semler Scientific and electric car manufacturer Tesla.
Bitcoin acts for $ 108,288 at the time of writing, a marginal increase during the last 24 hours.
https://www.youtube.com/watch?v=M_twnQegf0
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