Bitcoin's price experienced a slight decline after reaching $88,000, influenced by the Bank of Japan's recent interest rate hike. In response, Wall Street analysts have adjusted their Bitcoin price predictions. Cathy Woods has revised her 2030 target to $1.2 million, while Standard Chartered and Citi have also lowered their long-term forecasts. Additionally, Bitcoin exchange reserves are decreasing, indicating a movement of funds off exchanges. Whale activity remains divided, reflecting uncertainty about Bitcoin's future price direction.
Wall Street Adjusts Bitcoin Forecasts After BOJ Rate Hike
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