PiCK
[Analysis] "Bitcoin (BTC) Could Surpass $150,000 Next Year... Macroeconomic Factors Are Key"
- Analyst Michael van de Poppe predicts that Bitcoin will surpass $150,000 next year.
- He mentioned that the Bitcoin market could experience a 30% correction next year, similar to this year.
- He stated that next year's Bitcoin rise will be driven by the weakening U.S. labor market and the possibility of a recession.
- The article was summarized using an artificial intelligence-based language model.
- Due to the nature of the technology, key content in the text may be excluded or different from the facts.
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Bitcoin (BTC) is likely to continue its upward trend next year, according to an analysis.
On the 31st, according to the cryptocurrency specialist media Daily Hodl, renowned cryptocurrency strategist Michael van de Poppe stated, "I believe Bitcoin will surpass $150,000 next year and maintain that level for a certain period," and analyzed that "Bitcoin will enter another expansion phase in 2026." The analyst predicted that the bull market will last for several months next year.
There is also a forecast that the rise will be driven by macroeconomic factors. The analyst added, "Next year, the U.S. labor market will weaken and the likelihood of a recession will increase," and "subsequently, the U.S. money supply will rapidly increase, allowing Bitcoin to sustain its upward momentum."
He continued, "The market could see a 30% correction by the end of the first quarter next year," adding, "This will be very similar to this year."