Fundstrat’s $180K Bitcoin Price Prediction, Analyst Says World War III Already Started Citing BRICS, SEC Looks to Appeal Ripple Ruling — Week in Review
A Fundstrat investor note has said BTC could hit $180,000 before the upcoming block reward halving in April 2024, and an Indian analyst thinks World War III has already begun, expecting the BRICS economic bloc to merge with the Shanghai Cooperation Organization (SCO). In other news, the United States Securities and Exchange Commission (SEC) is seeking permission to file an interlocutory appeal in the SEC v. Ripple case over XRP. This and more just below.
Bitcoin Price Could Rise to $180,000 by 2024 Halving, Says Fundstrat
In a recent note to investors, Fundstrat has forecasted a potential surge in the price of bitcoin to an astonishing $180,000 before its next block reward halving event in April 2024. The financial services company attributes this projected 521% price hike from current levels to the rising demand, fueled mainly by the anticipated approval of a bitcoin ETF.