Analyst Predicts Upside for Bitcoin, Eyes $36,000
Based on previous Bitcoin breakouts, experts predict a massive upside for the leading crypto asset by market cap in the coming weeks or months. Following the increasing institutional adoption of Bitcoin and the growing interest from individual investors , Bitcoin price has regained momentum in the crypto market, trading above $31,000 at the time of writing. Amid this run, some experts expect a rally to $36,000. Expert Says $36,000 Is the Next Target Recall that BTC price slumped to the $24,800 area in June following the SEC lawsuits against the two top crypto exchanges, Binance and Coinbase. Courtesy of the flurry of Bitcoin ETF filings from leading asset managers such as BlackRock and Fidelity Investments , which sent a positive wave across the crypto market, Bitcoin price rebounded to the $31,000 level on Tuesday. According to the founder and managing partner of Fairlead Strategies, Katie Stockton, the recent rally in Bitcoin price is just getting started as she beli...