What Happened: Hougan cited several factors that could propel Bitcoin’s price upward, in a recent interview on the Altcoin Daily channel.
He pointed to the recent halving event in April, which slashed miners’ rewards by half, as a significant influence on Bitcoin’s market dynamics.
“I think it’s going to be a new all-time high. I think it’s going to be six-figure Bitcoin for sure,” said Hougan.
“It’s a risky market. You should only invest what you can lose. But the setup for 2025 is really exceptional.”
Additionally, …
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