Bitcoin Eyes $70K Breakout as 21Shares Sees Path T
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Bitcoin Eyes $70K Breakout as 21Shares Sees Path Toward $100K by Q3
21Shares Says Bitcoin’s Upside Case Starts With a $70K Break
Bitcoin could climb to $100,000 by the end of the third quarter if it clears $70,000 resistance, according to Matt Mena, Senior Crypto Research Strategist at crypto asset manager 21Shares. The forecast comes after the Federal Reserve signaled a more hawkish policy outlook.
Market reaction to the Fed decision pushed $BTC down roughly 2%, though Mena viewed the decline as consolidation rather than a change in direction. He said the next major test is whether buyers can reclaim $70,000.
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