#BTC #ETH #Bitcoin $150.000 #HALVING #MERCADO #ETF

"Bitcoin may reach $150,000 this year," says Bitcoin executive
Bitcoin could have bearish corrections, but that won't stop it from reaching $150,000 later this year. At least, that's what Tom Lee, head of research at Fundstrat, believes.
In an interview with CNBC, the markets and finance specialist said: "Demand improves with the new ETFs and supply will be reduced with the halving. If monetary policy [in the U.S.] eases, as we expect, that will support risk assets."
Lee means that when interest rates are low, returns on safer investments, such as government bonds, also tend to be low. This leads investors to look for assets with higher potential returns to compensate, even though these assets may have a higher risk. Among these assets, there is, for example, bitcoin.
spot ETFs and new narratives in the digital asset industry would push prices to levels never seen before. To this must be added the banking and fiat crisis.
On the other hand, among those who foresee a potential price drop is Nicholas Kitonyi, a financial analyst. As CriptoNoticias reported yesterday, he detects that there is a strong demand for BTC in the area close to $40,000. Anyway, if bitcoin were to go towards those prices, Kitonyi says that it would not be worrisome but, on the contrary, it would be a good level of buying considering that bitcoin would possibly mark new all-time high prices in 2024 and 2025.
Source:Cryptonews