Bitwise Analyst: Bitcoin May Exceed $200,000 by Year-End, Its "Fair Value" is $230,000
According to ChainCatcher, as reported by Cointelegraph, Bitwise researchers André Dragosch and Ayush Tripathi predict that Bitcoin may surpass $200,000 by the end of the year, eventually reaching an estimated "fair value" of $230,000.
Analysts believe that the rising federal debt in the United States and Trump's proposed "beautiful act" tax cut plan are key drivers of this bullish forecast. Analysts also stated: "Bitcoin's scarcity and resilience uniquely benefit from fiscal instability and improved market sentiment."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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