Bitcoin Price To $122K Next Month? Research Predicts Big Move

Quick Summary:

Although this may appear to be an ambitious goal, it is consistent with the optimistic perspective of numerous experts who have observed Bitcoin’s capacity to surpass critical price thresholds since the approval of Bitcoin ETFs.

Thielen also pointed out that Bitcoin has risen in $16,000–$18,000 increments since the launch of spot Bitcoin ETFs in the US, suggesting it could reach $122,000 by February before entering another consolidation phase.

Due to the increasing number of institutional investors who are investing in Bitcoin, the price of this digital asset is becoming less correlated with the broader financial market.

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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets: United KingdomCanadaSouth KoreaPhilippines

Topics: Bitcoin price Btc Bitcoin Btcusd Cryptocurrency Bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-23 @ 00:00:37 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 457 words

Reading Time: 3 minutes read

Sentences: 75 lines

Sentence Length: 7 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 25352059

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About NewsBTC

Main Topics: Crypto

Official Website: newsbtc.com

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News Last Updated: 10 hours ago

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