Markus Thielen, a prominent figure at 10X Research, recently unveiled his price target for Bitcoin (BTC) in 2024. He projects a substantial rally of approximately 65% from current levels. Thielen anticipates Bitcoin to surge to $70,000 by the end of the year, citing various factors contributing to this optimistic outlook. Factors Driving Thielen Forecast Thielen underscores the supportive macroeconomic environment and monetary tailwinds as key drivers behind Bitcoins projected rally in his report. Additionally, he highlights the ongoing U.S. election cycle and the increasing...
source: https://tokenpost.com/Crypto-Analysts-Forecast-Bitcoin-Hitting-70k-by-Year-end-11200
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