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I just saw that Wall Street analysts are quite optimistic about Bitcoin. Bernstein, one of the major brokerage firms, says we've already hit bottom and points to $150k before the end of the year. Looking at the current data, BTC is at $74K, so there’s still room to go up.
The interesting thing is that this brokerage firm maintains its bullish stance despite recent volatility. It’s not a typical speculative prediction but analysis from a serious industry firm. If it reaches $150K, we would be talking about a significant move from current levels.
Of course, it’s no guarantee of anything, but when you see the big players on Wall Street still betting on the upside, it makes you think. Some say the worst is over, others expect more declines. Anyway, the consensus among brokers seems to be on the positive side for now.