UTXO Management Says Bitcoin Is at Start of New Bull Market, Sees Price Near $100,000 in 3 to 6 Months
JH Kim
Summary
- UTXO Management's head of capital markets said Bitcoin is at the start of a new bull market.
- He expects Bitcoin to reach the mid-$95,000 range to the low-$100,000 range over the next three to six months.
- He did not provide specific market indicators or conditions to support that price outlook.
Forecast Trend Report by Period
Bitcoin is at the start of a new bull market and could rise to around $100,000 over the next three to six months, Bitcoin Magazine reported on Sept. 22.
UTXO Management's head of capital markets said Bitcoin is "at the starting point of a move that could lead to a strong bull market."
He expects Bitcoin to reach the mid-$95,000 range to the low-$100,000 range over the next three to six months.
He did not provide specific market indicators or conditions to support that price outlook.
JH Kim
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