Bitcoin (BTC) just topped $44,000 and could see higher highs.
Not only is there speculation we could see a Bitcoin ETF, but we’re just starting to see massive ways of FOMO (Fear of Missing Out) buying. Helping, analysts say BTC could rally to $100,000 in 2024. Standard Chartered, for example, just reiterated its call for $100,000 by end of 2024.
And, according to CNBC, “Matrixport, which bills itself as a crypto financial services firm, released a note last week projecting bitcoin would reach $63,140 by April 2024 and $125,000 by the end of next year.”
That’s also great news for mining stocks, such as Riot Platforms (RIOT), which is now up to $15.14 with sights set on $20. After all, the higher BTC goes, the miners are sure to follow.