Analyst: Bitcoin Still Has Room to Rise Further Toward $120,000
According to a report by Jinse Finance, Bitcoin reached a new all-time high overnight at $112,000 per coin. IG analyst Tony Sycamore wrote in a client report, "The new record high has emerged amid improving risk sentiment. Although setting a new high has not yet sparked the excitement the market anticipated, Bitcoin still has room to rise further toward $120,000."
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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