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CoinDesk· Will Canny·· 13d ago

Analysts divided on Bitcoin's path to $100,000 as inflation clouds year-end outlook

Original source: CoinDeskRead original
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Bitcoin price $82,001.05 divides analysts over year-end price targets, with Bitwise forecasting a potential break above $100,000 supported by institutional adoption and demand for hard assets, while LO:TECH expects a range of $85,000–$95,000 constrained by inflation and rate-hike risks. Bitwise head of research Ryan Rasmussen identifies institutional buying through ETFs, demand for hard assets amid inflation, and clearer regulation as longer-term drivers, though macro hurdles including a possible late-October Federal Reserve rate increase and November U.S. midterm elections could constrain near-term gains.

Source: CoinDesk · coindesk.com