Hong Hao: BTC Will Continue to Reach New Highs in the Second Half of the Year, Its Price Is Highly Sensitive to Market Liquidity
According to Foresight News, a video posted by Hong Hao, Chief Economist of Sirui Group, on Weibo shows that in an interview with Phoenix Finance Video, he stated that Bitcoin will continue to reach new highs in the second half of the year, with market liquidity remaining abundant. He emphasized that Bitcoin’s price is highly sensitive to liquidity. In addition, he mentioned that US stocks will also continue to hit new highs.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: GameStop's Q3 Bitcoin holdings value shrank by $9.4 million compared to Q2
ETH falls below $3,300
Data: A new wallet has once again received 300 BTC worth $27.6 million from Galaxy Digital
