Odaily Planet Daily News According to Alex Thorn, head of research at Galaxy, the pullback in the cryptocurrency market this Thursday was “expected,” and he said, “It is a healthy market performance to have a certain degree of consolidation below the new historical high of $93,000, which can clear recent leverage and create a more stable foundation for the next upward movement. So, it is very possible to reach $100,000 by the end of 2024 - or we may even see this milestone in a few weeks.” (Blockworks)
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Galaxy analyst: The current BTC consolidation is a healthy market performance, and may touch $100,000 within a few weeks.
Odaily Planet Daily News According to Alex Thorn, head of research at Galaxy, the pullback in the cryptocurrency market this Thursday was “expected,” and he said, “It is a healthy market performance to have a certain degree of consolidation below the new historical high of $93,000, which can clear recent leverage and create a more stable foundation for the next upward movement. So, it is very possible to reach $100,000 by the end of 2024 - or we may even see this milestone in a few weeks.” (Blockworks)