Bitcoin's performance during its traditionally strong 'golden week' has been underwhelming this year, with gains of approximately 4.5%, compared to the usual 7%. Despite this, analyst Peterson remains optimistic, forecasting new all-time highs above $160,000 by December. This bullish outlook comes amid ongoing market volatility and investor anticipation of further institutional adoption.
Bitcoin's 'Golden Week' Gains Fall Short, Analyst Predicts $160K by December
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
