In a research note to clients last week, Lunde wrote that bitcoin could reach $45,000. BTC was currently trading at about $29,440, down 2%, although it is up about 80% in 2023. The rebound follows a year of distress, in which multiple major firms declared bankruptcy, sending risk-shy investors fleeing from crypto markets.
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- Source: https://www.coindesk.com/markets/2023/04/18/bitcoin-surge-parallels-price-movement-in-2019-analyst/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
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