Matrixport predict Bitcoin will rise to $125,000.
1️⃣ The first bull market was in 2011, when Bitcoin was perceived as a new payment instrument.
2️⃣ The second bull market was associated with China, where Bitcoin gained recognition as an alternative form of money.
3️⃣ The third bull market was the ICO boom.
4️⃣ The fourth bull market is associated with the development of the DeFi sector and, as a result, NFTs.
5️⃣ And now the fifth bull market has started. It appears to be associated with institutional acceptance.
🚀 The fifth bull market officially began on June 22, 2023 and will last until December 2024 when Bitcoin reaches $125,000. The end of 2022 was the ideal entry point into Bitcoin.