🌐Institutions clash over the outlook: Can Bitcoin break through the $100,000 mark?✨
Several institutions are sharply divided on BTC's year-end outlook:
✅Bitwise's bullish forecast: After the market absorbs short-term uncertainty, Bitcoin could climb above $100,000 by year-end
Key supports: ETF institutional buying, corporate inflows, safe-haven demand for hard assets, and a clearer regulatory environment
⚠️Potential volatility: Fed rate-hike expectations in late October and the U.S. midterm elections could trigger sharp market swings
📉LO:TECH takes a relatively cautious view:
The baseline outlook is for prices to fluctuate within the $85,000–$95,000 range through year-end
The likelihood of a rate hike in December is relatively high, while the macro environment is weighing on bulls;
A push toward $100,000 will only be possible if rate-hike expectations ease and inflation and oil prices cool